EXPLORING USER PERCEPTION OF XBRL ADOPTION AND ITS IMPACT ON ACCOUNTING DATA IN THE SAUDI CONTEXT

Abstract

This study aims to investigate the impact of XBRL adoption on accounting data in the Saudi context by examining the perceptions of accounting data users. The main objective of this research is to determine the extent to which users agree on the effect of XBRL implementation on accounting data. The research findings demonstrate that the use of XBRL improves the quality of accounting data and the efficiency of the accounting cycle. The Kruskal Wallis test does not show significant variations in users' perceptions about the effect of XBRL on accounting information. The respondents confirm that XBRL provides additional accessible accounting information. Moreover, the study reveals that accounting data users in the Saudi context believe that XBRL adoption influences the users of financial reports. While users had differing opinions on the cost-effectiveness of accounting analysis, they agreed that XBRL enables continuous auditing and enhances internal controls. Additionally, the Kruskal Wallis test does not reveal any significant variations in users' perceptions regarding the impact of XBRL on audit. Overall, the research indicates that the adoption of XBRL has a positive influence on accounting data and its utilization in the Saudi context.