Author(s)

Renyu Hu, Kaishi Ni

Accounting Information and Financial Decision Research Center, East China University of Science and Technology, Shanghai, China.

With the broke out of Enron and the occurrence of other series of financial frauds, countries all over the world have paid more attention to corporate internal control management. This paper introduces current situation of internal control report of China’s listed companies and the development of XBRL and analyzes the advantage and feasibility of using XBRL as a disclosure measure of internal control report. Finally, we suggest setting up China’s XBRL taxonomy about internal control report, which is the core and contribution of this article.

XBRL, Taxonomy, Internal Control

Hu, R. and Ni, K. (2015) The Application of XBRL in Enterprises’ Internal Control Report. Theoretical Economics Letters, 5, 179-184. doi: 10.4236/tel.2015.52022.