Aounting is a vast world of standards,principles,and reporting languages businesses use to transfer information from one group to another.Two of the most mon types of aounting principles and reporting language are IFRS and XBRL.The former is the gold standard for international aounting standards;the latter is an electronic method by which panies can transfer aounting information through digital exchange,drawing a nnection between IFRS and XBRL.IFRS represents a national aounting standard for many different international untries with the desire of creating a single reporting standard for financial information.XBRLis a fast-evolving digital exchange method where panies transfer data in order to build a large area of business intelligence.

Globalization is the driving force behind the use and future requirements for IFRS in private and public environments.IFRS replaces the older international aounting standards,which was a large nglomerate of guidelines in use by international panies.As many panies began operations in multiple untries,however,the need for standard international aounting principles became clear.IFRS is currently required or in use by 100untries worldwide,easily making IFRS the biggest set of aounting standards.In order to transfer information quickly among multiple parties,IFRS and XBRL are used most widely.

XRBL is an electronic method of tagging information in a pany’s financial statements with easily searchable terms.The financial statements go into an easily aessible digital exchange where individuals and panies can aess the data for future use.The IFRS and XBRL exchange often helps international panies file other financial documents outside of financial statements,such as tax documents.The interactive data format allows public or ernment agencies to review the data for other purposes,such as pliance and tax reasons.Along with the nnection between IFRS and XBRL,other national aounting standards can use XBRL,such as generally aepted aounting principles (GAAP),which are the aounting standards for the United States.

In order to properly use XBRL,a pany needs to have the software and hardware in place to handle these additional business tasks.Additionally,an individual usually needs training in order to properly use XBRL.Large panies are the most likely users of XBRL,regardless of the use of IFRS or GAAP.In some cases,the use of IFRS and XBRL are two separate implementation issues,though a pany can create an environment where the two go hand in hand in terms of implementation.This can enhance the use of both IFRS and XBRL.

中文新闻：IFRS与XBRL