A case study of XBRL implementation and development at the Federal Deposit Insurance Corporation (FDIC). Issue 2 (29th January 2020)

• Record Type: Journal Article
• Authors: Mousa, Rania; Pinsker, Robert
• Is Part Of: Qualitative research in accounting & management. Volume 17:Issue 2(2020)
• Page Start: 263
• Page End: 291
• Publication Date: 2020-01-29
• Subjects: Call report -- FDIC -- Inline XBRL -- UBPR -- XBRL implementation -- Diffusion; Managerial accounting -- Periodicals; 658.1511
• DOI: 10.1108/QRAM-12-2018-0096
• Languages: English
• ISSNs: 1176-6093

Abstract

Abstract : Purpose: The purpose of this paper is to examine the implementation and development of eXtensible Business Reporting Language (XBRL) at the Federal Deposit Insurance Corporation (FDIC). The investigation seeks to gauge the roles and experiences of the FDIC and its main stakeholders to determine their engagement in XBRL diffusion within their organizations. Design/methodology/approach: This is an qualitative research approach that is driven by the use of an in-depth case study and supported by the use of semi-structured interviews. Findings: The findings showcase the role played by the FDIC as the first US regulatory authority that implemented and developed Inline XBRL. In addition, the use of diffusion of innovation theory provides better understanding of each stakeholder's issues, benefits and challenges based on their experience. Research limitations/implications: The research does not examine the institutionalization of XBRL at the FDIC or its stakeholders. Therefore, future research could incorporate a different research design to capture the impact of the pressure resulting from the regulatory mandate. Practical implications: The research offers practical insights into public information technology managers and policymakers at global government agencies which are either non-adopters of XBRL technology or current adopters and consider transitioning into Inline XBRL. Global stakeholders could learn from the US experience and develop better understanding of Inline XBRL applications and functionalities. Originality/value: The originality of this research is driven by the FDIC's experience as the first regulatory developer of Inline XBRL. As such, the case study is a best practice to future and current adopters who often navigate the nuisance of implementing new technologies and/or developing existing ones.