THE IMPACT OF EXTENSIBLE BUSINESS REPORTING LANGUAGE (XBRL) ON THE QUALITY OF FINANCIAL REPORTS

Abstract

The aim of this research is to study the impact of extensible business reporting language (XBRL) on the quality of financial reports in companies enlisted in Amman. Stock exchange the analytical descriptive method was used questionnaire through. The study was applied on companies enlisted in Amman stock exchange. The results showed that the level of extensible business reporting language and financial reporting quality among the listed companies enlisted in Amman stock exchange is ؛ high.  Besides, there is a statistically significant effect   of extensible business reporting language (XBRL) on the quality of financial reports in companies enlisted in Amman stock exchange.  The researcher recommended based on the results of the study: The necessity of establishing an accounting standard that organizes using (XBRL) in accordance with the requirements and regulations of disclosing accounting information in the light of the international accounting standards.