Semantic Digital Model Based XBRL for Financial Reporting: Indonesia SMEs Case

Sudaryanto, Avinanta Tarigan, Dharma Tintri Ediraras

Abstract: One of the challenges faced by SMEs to develop their business is access to capital. SMEs are required to be ready to present the financial performance in the financial statements to the owners of the funds. As a new information standard and technology supporting the accounting internationalization and the globalization of financial report, XBRLhas not been concerned by SMEs and accounting personnel in the time that the information develops so quickly. The functions of XBRL are discussed in the article to enhance the accounting information quality, which indicates that Indonesia should well grasp the demands of the economic development and the promotion function of the accounting information processing technology to the accounting

Keywords: Accounting Information, Financial Reporting, IFRS, SMEs, XBRL