The study aimed to explore the real benefits of XBRL adoption, investigate reasons for non-adoption, assess government and regulator actions, and explore training and education in the business community. The study found that knowledge of XBRL is limited among practitioners, auditors, tax practitioners, and users of financial information. The study also found that while Internet use and basic forms of digital reporting are common, few practitioners know about XBRL. The findings suggest that more education and training are needed to increase adoption of XBRL.
