Integrating XBRL Taxonomy in ERP Systems: A new Paradigm for Automated Financial Reporting in Accordance with International Standards
Yehia, E., Samir Elasmy, R., Aboul Fotouh Saleh, S. (2025). Integrating XBRL Taxonomy in ERP Systems: A new Paradigm for Automated Financial Reporting in Accordance with International Standards. EKB Journal Management System, 39(1), 1717-1743. doi: 10.21608/sjrbs.2025.360739.1892
Engy Yehia; Ramy Samir Elasmy; Samir Aboul Fotouh Saleh. "Integrating XBRL Taxonomy in ERP Systems: A new Paradigm for Automated Financial Reporting in Accordance with International Standards". EKB Journal Management System, 39, 1, 2025, 1717-1743. doi: 10.21608/sjrbs.2025.360739.1892
Yehia, E., Samir Elasmy, R., Aboul Fotouh Saleh, S. (2025). 'Integrating XBRL Taxonomy in ERP Systems: A new Paradigm for Automated Financial Reporting in Accordance with International Standards', EKB Journal Management System, 39(1), pp. 1717-1743. doi: 10.21608/sjrbs.2025.360739.1892
Yehia, E., Samir Elasmy, R., Aboul Fotouh Saleh, S. Integrating XBRL Taxonomy in ERP Systems: A new Paradigm for Automated Financial Reporting in Accordance with International Standards. EKB Journal Management System, 2025; 39(1): 1717-1743. doi: 10.21608/sjrbs.2025.360739.1892

Integrating XBRL Taxonomy in ERP Systems: A new Paradigm for Automated Financial Reporting in Accordance with International Standards

المجلة العلمية للبحوث والدراسات التجارية
Volume 39, Issue 1, March 2025, Page 1717-1743  XML PDF (1.01 MB)
Document Type: المقالة الأصلية
DOI: 10.21608/sjrbs.2025.360739.1892
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Authors
Engy Yehia email orcid 1; Ramy Samir Elasmy email 2; Samir Aboul Fotouh Saleh email 3
1Faculty of Commerce and Business Administration at Helwan University
2PHD researcher at Business Information Systems Department, Faculty of Commerce and Business Administration, Helwan University, Helwan, Cairo,Egypt,
3Professor of Accounting & Information Systems, Faculty of commerce, Mansoura University, Egypt
Abstract
XBRL (eXtensible Business Reporting Language) and ERP (Enterprise Resource Planning) systems serve different but complementary purposes in the business world. XBRL, a language based on XML, facilitates the exchange of electronic business information. It aims to improve the interchange, aggregation, and analysis of corporate data required for disclosure through a unique tagging structure that promotes interoperability. Every institution publishes its financial statements online, which is voluntary, but this has caused confusion in electronic publishing because there is no standard procedure for creating and disseminating financial reports. The need for a single, computerized process to prepare and publish financial reports has grown on a global scale. This paper proposes a new paradigm for automated financial reporting in accordance with international standards by integrating XBRL taxonomy into ERP systems.This paradigm comprises three modules: importing, mapping, and reporting. These modules are used in the XBRL taxonomy to transform ERP financial reports into corresponding financial reports. The findings we obtained have implications for assessing the efficacy of the XBRL taxonomy and offer insights into potential avenues for its enhancement.
Keywords
XBRL; ERP; Financial reporting
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