Research with XBRL Data

 

Background

 

XBRL, eXtensible Business Reporting Language, is an XML-based markup language used to communicate financial and business data electronically. Companies are now required to submit their financial reports to the SEC in XBRL format. Using this novel data, we created and validated a measure that captures the accounting reporting complexity (ARC) of firms. ARC is associated with lower financial reporting quality and with poor analysts' performance. The papers below provide more details on XBRL and the steps used to create ARC. Data was last updated on July 30, 2018. 

 

Links to papers:

 

Hoitash, R.,and Hoitash, U. Measuring Accounting Reporting Complexity with XBRL. The Accounting Review, forthcoming.

 

Do Sell-Side Analysts’ Qualifications Mitigate the Adverse Effects of Accounting Reporting Complexity? Working Paper.

 

Below we provide links to data that includes ARC and several related measures:

 

ARC Data- SAS Format
ARC_Data.zip
Compressed archive in ZIP format [1.3 MB]

 

 

ARC Data- Excel Format
ARC_Data.xls
Microsoft Excel sheet [6.8 MB]

 

 

Data Dictionary
Data Dictionary July-18.docx
Microsoft Word document [16.2 KB]

 

If you would like to receive e-mail notifications of updates please complete the form below:

Your form message has been successfully sent.

You have entered the following data:

Contact form

Please correct your input in the following fields:
Error while sending the form. Please try again later.

Note: Fields marked with * are required

Please be aware that the contents of this form are not encrypted

XBRL and Accounting Complexity in the Media  

Accounting Today:

Professors propose new measure of accounting complexity

FEI Daily: Measuring Accounting Disclosure Complexity with XBRL

Compliance Week: As Complexity Rises, Quality Slides, XBRL-Based Study Says

About the Authors

Udi Hoitash

Udi Hoitash, Ph.D.

Lilian L. and Harry A. Cowan Research Professor

D'Amore-McKim School of Business,

Northeastern University, Faculty profile page

SSRN research papersGoogle Scholar page

Email:u.hoitash@northeastern.edu

Rani Hoitash

Rani Hoitash, Ph.D., CISA

John E. Rhodes Professor of Accountancy

Bentley University,  Faculty profile page

SSRN research papersGoogle Scholar page

Email: rhoitash@bentley.edu