Knowledge and Skills in Complex Assurance Engagements: The Case of XBRL
| Autor: | Stephanie Farewell, Audrey N. Scarlata, Roger Debreceny, Dan Stone |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
050208 finance
Information Systems and Management Knowledge management Business reporting Computer science business.industry 05 social sciences 050201 accounting computer.file_format XBRL Management Information Systems Human-Computer Interaction Management of Technology and Innovation Accounting 0502 economics and business business computer Software Information Systems |
| Zdroj: | Journal of Information Systems. 34:21-45 |
| ISSN: | 1558-7959 0888-7985 |
| DOI: | 10.2308/isys-52461 |
| Popis: | What knowledge and skills (KSs) are necessary for complex Agreed-Upon Procedures (AUP) engagements, such as those that include eXtensible Business Reporting Language (XBRL) tagged data? This study contributes by investigating these issues in two studies: (1) a survey and (2) structured interviews of accounting professionals with XBRL expertise. Survey results suggest commonality in perceptions of the KSs needed in two knowledge categories, “Accounting and Financial Reporting” and “Undertaking AUP on XBRL Instance Documents,” and, variability in ratings of two categories: “XBRL technology” and “audit procedures.” Interview results indicate that knowledge of the U.S. GAAP Taxonomy is most important to AUP engagements followed by the nature of AUP engagements. The results suggest: (1) a need for clarification of XBRL-relevant KSs and (2) an important but unfilled role for universities and scholars in discerning, supporting, and developing the KSs needed to support complex assurance engagements. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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