Comparative Study on XBRL Disclosure of Financial Information for Listed Companies between China and America

Nowadays XBRL plays a more and more important role in daily operation for listed companies. However, there are many different aspects in disclosure regulations between China and America, which may impose a limitation on the pervasive application in China. From the comparative study, this paper intends to summarize the deficiency in XBRL disclosures of China and to provide some niche-targeting advice.