A Management Model for Integrating SOA and XBRL

Abstract

Abstract. The alignment and adaptation of business processes with organizational strategies require a high level of effort affecting several businesses. This is caused by the low level of flexibility in information systems to changes in business requirements. Another problem encountered in organizations is the diversity of data formats that are related to financial information, since these are stored in heterogeneous computer systems. An adaptive and structured IT environment can influence the improvment of flexibility and adaptability of business processes, including information systems. Based on this context and with a view to solving these problems, we propose in this paper a model of SOA (service-oriented architecture) deployment and integration with XBRL. This work is expected to contribute to the ease of adaptation of information systems to business changes and improvements in the quality and reliability of financial reporting issues.

XBRL Mandate and Timeliness of Financial Reporting: The Effect of Internal Control Problems

“…Many of the early studies focus on the introduction of XBRL along with its benefits and address the potential effects of XBRL on stakeholders such as companies, regulators, and investors (e.g., Baldwin et al, 2006;Burnett et al, 2006;Cohen et al, 2005). Another stream of research addresses technical aspects of XBRL including taxonomy development (e.g., Bovee et al, 2002;Cohen, 2004;Zhu & Wu, 2011), XBRL adoption (e.g., Garbellotto, 2010;Janvrin & No, 2012;Pinsker & Li, 2008), and other technical issues on XBRL development (e.g., Amrhein et al, 2009;Boritz & No, 2005;Moreira & Silva 2013). Previous literature has also examined the quality of XBRL-tagged data (e.g., Bartley et al, 2010;Boritz & No, 2008;Du et al, 2013) and discussed assurance issues on XBRL-tagged data (e.g., Boritz & No, 2009;Plumlee & Plumlee, 2008;Srivastava & Kogan, 2010).…”

Towards an XBRL-Enabled Corporate Governance Reporting Taxonomy: An Empirical Study of NYSE-Listed Financial Institutions

“…As a result, the non-standardized reporting elements for nonfinancial reporting needed to be replaced by a taxonomy. The Global Reporting Initiative started to develop a sustainability framework, which was translated into an XBRL taxonomy (Moreira and da Silva, 2013).…”