Audit & Control Implications of XBRL

The Canadian Institute of Chartered Accountants Information Technology Advisory Committee AUDIT & CONTROL IMPLICATIONS OF XBRL Innovations for a changing world Notice to Reader The objective of white papers issued by the CICA’s Information Technology Advisory Committee (ITAC) is to increase the awareness of CAs and other interested parties on IT topics considered significant to the accounting profession and business community. They are not intended to provide detailed guidance. This white paper was prepared by Gerald D. Trites, FCA, CA•CISA, a member of ITAC and Director of the Gerald Schwartz School of Business and Information Systems, St. Francis Xavier University. The views expressed in this paper are those of Professor Trites, and have not been formally endorsed by the CICA or ITAC. Comments on the paper are welcome and should be addressed to David Moore, Director of Research Studies, CICA (david.moore@cica.ca) or Gerald Trites (gtrites@stfx.ca). This white paper is available in PDF format at the CICA web site (www.cica.ca). Copyright ©2002 The Canadian Institute of Chartered Accountants 277 Wellington Street West Toronto, Canada M5V 3H2 Disponible en français (www.icca.ca) . AUDIT & CONTROL IMPLICATIONS OF XBRL CONTENTS INTRODUCTION............................................................................................ 2 ...