Accounting Information Systems outputs

XBRL, AI and in-memory technologies

Authored by: Ting Sun

The Routledge Companion to Accounting Information Systems

Print publication date:  December  2017
Online publication date:  December  2017

Print ISBN: 9781138125865
eBook ISBN: 9781315647210
Adobe ISBN:

10.4324/9781315647210-9

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Abstract

The objective of this chapter is to explore the role of three cutting-edge technologies – XBRL (eXtensible Business Reporting Language; including iXBRL), in-memory computing technology and Artificial Intelligence (AI) – in data analytics for internal decision-making. These technologies are chosen as XBRL solves the issue of data preparation and integration and enhances data usefulness; in-memory computing enables real-time data processing; AI helps extract abstract patterns of data and provides guide for data prediction.

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