[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-277937-105":53,"doc-detail-277937-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","the-income-statement-format-ifrs-and-xbrl-adoption-analysis","THE INCOME STATEMENT FORMAT - IFRS and XBRL adoption analysis","","Annual Reports provide information about a company’s financial performance to stakeholders, yet comparing reports across entities remains difficult. A harmonization process for European accounting standards is underway through adoption of IFRS. After selecting a common accounting standard, reports must also be coded using a shared IT language via a well-defined taxonomy and the eXtensible Business Reporting Language (XBRL). This paper analyzes how IFRS and XBRL change income statement presentation and reshape financial performance concepts to improve disclosure and measurement.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":11,"@type":70,"position":76},"https://docshare.wps.com/template/presentations/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/the-income-statement-format-ifrs-and-xbrl-adoption-analysis/277937/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/the-income-statement-format-ifrs-and-xbrl-adoption-analysis/277937.png","ImageObject",442,249,{"name":88,"@type":89},"Mack Lee","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-20","2026-09-15",true,{"@type":98,"interactionType":99,"userInteractionCount":40},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"Why are Annual Reports difficult to compare across different entities?","Question",{"text":108,"@type":109},"Even when Annual Reports describe financial performance for stakeholders, differences in accounting standards make cross-entity comparison difficult.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"What is the purpose of adopting IFRS and XBRL together?",{"text":113,"@type":109},"Adopting IFRS harmonizes accounting standards, while XBRL coding using a shared taxonomy enables consistent, machine-readable reporting that supports clearer sharing of information.",{"name":115,"@type":106,"acceptedAnswer":116},"How does the paper define the main research focus?",{"text":117,"@type":109},"It examines changes in income statement presentation and the new concept of financial performance arising from IFRS and XBRL adoption.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},277937,1791747369,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":8,"category_name":11,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":40,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":8,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":79},1236954509970,"https://us-avatar.wpscdn.com/davatar_6f874abed73319feea01a86fa6f0fab8","THE INCOME STATEMENT FORMAT NEW TRENDS FROM THE ADOPTION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) AND EXTENSIBLE BUSINESS REPORTING LANGUAGE (XBRL)  \nFederica Doni, PhD  \nAssistant Professor in Business Economics (research field SECS/P07) Department of Management, Finance, Business Administration & Law University of Milano-Bicocca  \nAbstract:  \nThe Annual Report is a good mean of describing the situation of a company to all the stakeholders although it is difficult to compare Annual Reports coming from different entities. A process of harmonization of European accounting standards was started in order to bring Annual Reports into line and it is currently being carried out through the adoption ofIFRS standards.  \nOnce Annual Reports have been created adopting a common accounting standard, the very next step is to code them using the same IT language. If a common computer language is selected, Annual Reports or other documents can easily be compared without recoding and retyping them. The starting point of this process is the definition of an appropriate taxonomy to be used by both those drafting and reading the documents. The process of adopting an appropriate set of accounting standards, selecting the related taxonomy and, finally, drawing up documents using a new business language, called eXtensible Business Reporting Language (XBRL) leads companies to produce sound, meaningful and clear documents that greatly improve sharing of useful information. Moreover, the adoption of IFRS standards and XBRL encoded statements provides a set of measures for building sound and widely accepted models.  \nThe aim of the present paper is to analyze the changes to income statement presentation and the new concept of financial performance that emerges as a result of the adoption of IFRS and XBRL language. The drawing up of the Income Statement by XBRL may improve the financial performance measurement and disclosure with many benefits for all the stakeholders.  \nKey Words: Income Statement, Financial Performance, IFRS, XBRL, taxonomy  \nIntroduction  \nThe Annual Report is a good mean of describing the financial performance of a company to all the stakeholders although it is difficult to compare Annual Reports coming from different entities. A process of harmonization of European accounting standards was started in order to bring Annual Reports into line and it is currently being carried out through the adoption ofIFRS standards.  \nOnce Annual Reports have been created adopting a common accounting standard, the very next step is to code them using the same IT language. If a common computer language is selected, Annual Reports or other documents can easily be compared without recoding and retyping them. The starting point of this process is the definition of an appropriate taxonomy to be used by both those drafting and reading the documents. The process of adopting an appropriate set of accounting standards, selecting the related taxonomy and, finally, compiling documents using XBRL language leads companies to produce sound, meaningful and clear documents that greatly improve sharing of useful information. Moreover, the implementation of IFRS standards and XBRL encoded statements provides a set of measures for building sound and widely accepted models.  \nThis process will be of great interest to the end users as it reduces the time and costs required for document preparation and also enables more efficient and less expensive distribution and transmission of the same. Further more, users such as all the company stakeholders, will receive the  \nreports more quickly and they will be able to analyze documents in an easier and more effective way, because they won’t need to retype the reports themselves.  \nThe implementation of the IFRS standards has brought about a radical change in certain key aspects of the drawing of the financial statements. One of the themes that will be affected by this revision process is the concept of income forma","cbCaitDJY1oWEhsr","https://ap.wps.com/l/cbCaitDJY1oWEhsr","pdf",608813,"English","# Introduction\n# IFRS-compliant Income Statements and XBRL language\n## Interrelations between IFRS format and XBRL\n## Taxonomy development and implementation","[{\"question\":\"Why are Annual Reports difficult to compare across different entities?\",\"answer\":\"Even when Annual Reports describe financial performance for stakeholders, differences in accounting standards make cross-entity comparison difficult.\"},{\"question\":\"What is the purpose of adopting IFRS and XBRL together?\",\"answer\":\"Adopting IFRS harmonizes accounting standards, while XBRL coding using a shared taxonomy enables consistent, machine-readable reporting that supports clearer sharing of information.\"},{\"question\":\"How does the paper define the main research focus?\",\"answer\":\"It examines changes in income statement presentation and the new concept of financial performance arising from IFRS and XBRL adoption.\"}]","THE INCOME STATEMENT FORMAT - IFRS and XBRL adoption analysis | PDF",1789505542]