Kerbala University Discussing an MA Thesis entitled” Adoption of XBRL Language in the light of Electronic Accounting Information Systems”

Faculty of Administration and Economics / University of Kerbala has discussed the M.A thesis which is entitled “Adoption of XBRL language in light of electronic accounting information systems to improve the quality of financial reporting.”
The thesis, presented by Youssef Hussain Alawi Al-Fahd, aims at enhancing theoretical knowledge of the concept of XBRL, its concepts, and beneficiaries.
It indicates that XBRL language facilitates the process of data collection and processing, information exchange and financial reports, and comparison with financial reports of other economic units, and its application reduces information asymmetry in financial reports and improves the transparency of financial reporting.
The study recommends the necessity of keeping pace of the Iraqi economic units with technological developments and applying of (XBRL) due to advantages it achieves that benefit the economic units and the beneficiaries, which attracts the attention of foreign investment.