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Impact of XBRL on Financial Reporting in Romania

Author

Listed:
  • Radu Florin

    (Valahia University of Târgoviºte)

Abstract

In many fields, the transition to digital support for documents or information in a wider sense, involved only the simple replacing the old paper documents with text files. Normaly, this thing allowed a significant economy of paper, storage and distribution of those documents and, somewhat, facilitated even search data. However a number of other benefits of digitization information remained unexplored. So, unlike a specific search where would have exactely indicated the search criteria, all available documents must be fully read when the search is only for those documents that interest at a time. This happen because data of these files, although are “digitized” are not enough “marked” to be handled by processing tools, human intervention remains, under the circumstances, inevitable.

Suggested Citation

  • Radu Florin, 2012. "Impact of XBRL on Financial Reporting in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 1337-1340, Decembre.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:2:p:1337-1340
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    File URL: http://stec.univ-ovidius.ro/html/anale/ENG/cuprins%20rezumate/volum2012p2v2.pdf
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    More about this item

    Keywords

    XBRL; XML; IFRS; financial reporting; accounting.;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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