Procedia-Social and Behavioral Sciences 145, 308-315

 

ENHANCING CORPORATE GOVERNANCE VIA XBRL: PREPARERS’ PERCEPTION ON COMPATIBILITY EXPECTATION

Erlane K Ghani, Jamaliah Said, K Muhammad

Abstract


This study examines the perception of financial reporting preparers on a financial reporting mechanism via digital known as Extensible Business Reporting Language (XBRL) in Malaysia. Using questionnaire survey on 150 Malaysian accountants as representative of financial reporting preparers of various organisations in Malaysia, this study found that most preparers perceived that XBRL is compatible and subsequently benefits the organisations for decision-making purpose. The findings in this study shed lights to regulators on the need to provide more awareness and knowledge to preparers before XBRL could come into full adoption.


Keywords : Financial reporting preparers; compatibility expectation; XBRL; Perception; Malaysia