（2005）Internal Control Risk and Suggested Safeguards Related to the Use of XBRL in ERP Systems.pdfVIP

Internal Control Risk and Suggested Safeguards Related to the Use of XBRL in ERP Systems Rick Hayes Department of Accounting College of Business and Economics California State University at Los Angeles (CSULA) 5151 State University Drive Los Angeles, California 90032 -8121 Glen L. Gray Department of Management Information Systems California State University at Northridge 18111 Nordhoff Street Northridge, California 91330 Roger Debreceny School of Accountancy College of Business Administration University of Hawaii 2404 Maile Way Honolulu, Hawaii 96822 th 17 Asian-Pacific Conference on International Accounting Issues November 20-23, 2005 Wellington, New Zealand ABSTRACT Internal Control Risk and Suggested Safeguards Related to the Use of XBRL in ERP Systems The rapidly increasing use of the Internet for financial and business performance reporting purposes is contributing to increased demands not only for better reporting of traditional financial statement information, but also for more performance reporting. Furthermore, in the USA, the Securities and Exchange Commission (SEC) has announced pl