Open research questions in Financial Reporting and XBRL

What the literature leaves open

• The study identifies a gap in the understanding of how AI can enhance financial reporting quality. The study aims to provide insights into the impact of AI on financial reporting quality.

  Artificial Intelligence as a Catalyst for Enhancing Financial Reporting Quality of Listed Deposit Money Banks in Nigeria · 2026 · DOI

• There is a need for a study that examines the role of AI in accounting in India.

  Artificial Intelligence in Accounting in India: Transforming Financial Practices and Decision-Making · 2026 · DOI

• Future research should focus on developing a more predictive and intelligent Financial Information Systems model. Future research should examine the impact of emerging technologies on Financial Information Systems.

  Sistem Informasi Keuangan : Tren, Tantangan, dan Dampak pada Kinerja Organisasi - Tinjauan Literatur Sistematis · 2026 · DOI

• There is a need to develop a more predictive and intelligent Financial Information Systems model. The study identifies research gaps in the field of Financial Information Systems.

  Sistem Informasi Keuangan : Tren, Tantangan, dan Dampak pada Kinerja Organisasi - Tinjauan Literatur Sistematis · 2026 · DOI

• The implementation of AI-powered tools requires substantial investments in data quality and accessibility. The integration of AI and digitalization into existing workflows and organizational structures is a complex challenge.

  Artificial Intelligence and Digitalization in Financial Operations Management: A Conceptual Framework for Value Creation, Risk Mitigation, and Organizational Transformation · 2026 · DOI

• Future research should investigate the implementation of the proposed framework in various organizational settings.

  Artificial Intelligence and Digitalization in Financial Operations Management: A Conceptual Framework for Value Creation, Risk Mitigation, and Organizational Transformation · 2026 · DOI

• Future research should consider the long-term effects of electronic accounting archive systems. Future research should explore the impact of electronic accounting archive systems on other aspects of enterprise performance.

  The Impact of Pilot Applications of Electronic Accounting Archive Systems on the Information Disclosure Quality of Listed Companies · 2026 · DOI

• The study addresses the gap by exploring the short-term impact of electronic accounting archive systems.

  The Impact of Pilot Applications of Electronic Accounting Archive Systems on the Information Disclosure Quality of Listed Companies · 2026 · DOI

• The paper identifies the need for secure, intelligent, and resilient cloud-based systems as financial services increasingly shift toward digital platforms. The study highlights the challenges related to data security, regulatory compliance, system integration, and vendor dependency.

  A Review of Cloud-Based Financial Systems · 2026 · DOI

• Cybersecurity, data privacy, and internet dependency remain major implementation challenges. Continuous employee training is essential for the successful adoption of cloud accounting.

  Cloud Accounting: A New Era in Financial Reporting · 2026 · DOI

• Government agencies and professional accounting bodies should encourage digital accounting adoption by providing appropriate guidelines and technical support. Business organizations should integrate Artificial Intelligence and Business Analytics with cloud accounting platforms to improve financial forecasting and decision-making.

  Cloud Accounting: A New Era in Financial Reporting · 2026 · DOI

• The proposed framework explains how AI can support automated functional expense report generation, but it has not yet been tested using a large real-world nonprofit dataset.

  AI-based functional expense classification for nonprofit financial reporting and form 990 compliance · 2026 · DOI

• Future research should focus on the improvement of network infrastructure stability and human resource competency development. Future research should explore the optimization of system performance.

  Analisis Efektivitas Sistem Informasi Akuntansi Terhadap Proses Pelayanan Nasabah pada Bagian Customer Service di PT Bank Sumsel Babel Syariah Capem Muhammadiyah Palembang · 2026 · DOI

• The review highlights the need for increased transparency and accountability in financial reporting. The study suggests that companies face challenges in prioritizing ESG disclosure, blockchain technology, and artificial intelligence to improve financial reporting integrity.

  Financial Reporting Integrity in the Digital and Sustainability Era: A Systematic Literature Review on Governance, ESG, and Technological Transparency · 2026 · DOI

• The study does not provide a comprehensive analysis of the limitations of the existing literature. The review is limited to publications from 2021 to 2025, and may not capture the entire scope of research on financial reporting integrity.

  Financial Reporting Integrity in the Digital and Sustainability Era: A Systematic Literature Review on Governance, ESG, and Technological Transparency · 2026 · DOI

• Algorithmic bias can undermine market fairness and weaken confidence in AI-supported financial decisions. The lack of transparency associated with complex AI models can generate decisions that are difficult to interpret. The study adopts a purely conceptual and theoretical approach.

  Conceptual Study of AI-Driven Decision-Making and Market Efficiency in Financial Systems · 2026 · DOI

• Existing financial management systems mainly focus on recording transactions and generating basic reports. However, they often fail to provide intelligent analysis and personalized financial guidance. Artificial Intelligence has emerged as a powerful technology capable of improving user decision-making through intelligent data analysis.

  Finsight AI: An AI-Powered Personal Finance Management System using MERN Stack · 2026 · DOI

• The future of cloud-based financial systems is driven by continuous innovation and the integration of emerging technologies. Artificial intelligence and machine learning will play an increasingly important role in automating processes, enhancing fraud detection, and improving customer experiences.

  A Review of Cloud-Based Financial Systems · 2026 · DOI

• The current manual system is inefficient in processing loan applications, verifying member data, managing installment transactions, and generating reports. The system is vulnerable to data duplication, calculation errors, and limited access to timely information.

  Analysis and Design of an Accounting Information System for Loan Distribution at the Employee Cooperative of the Republic of Indonesia Teachers' Association (PGRI) · 2026 · DOI

• The paper identifies a gap in the literature on human-AI collaboration in accounting. The paper notes that public discussion of generative AI in accounting often swings between full automation and job-displacement anxiety, without considering the potential for human-AI collaboration.

  Collaborative Intelligence in Accounting: A Human + AI Complementarity Framework for Professional Work · 2026 · DOI

• The absence of user access rights management. Unrestricted transaction modification and deletion by users. The use of local hard disks for backup systems.

  AUDIT SISTEM INFORMASI AKUNTANSI SAWITACCT PADA PT. BERKAT SAWIT SUKAMAJU MENGGUNAKAN FRAMEWORK COBIT 2019 DOMAIN DSS · 2026 · DOI

• Executive alignment challenge in measurement infrastructure. Implementation gaps and misaligned investments. Separate approval processes creating half-measures.

  "The Joint CHRO-CFO Business Case: How Measurement Infrastructure Solves Compliance AND ROI in One Investment" · 2026 · DOI

• Most organizations approach measurement infrastructure as separate CHRO and CFO concerns. This creates implementation gaps and misaligned investments.

  "The Joint CHRO-CFO Business Case: How Measurement Infrastructure Solves Compliance AND ROI in One Investment" · 2026 · DOI

• The study identifies a gap in the development of specific standards and guidelines for integrated reporting. The study identifies a gap in the awareness of the importance of integrated reporting in enhancing the quality of financial reports.

  The Role of Preparing Integrated Reports in Improving the Quality of Information Content of Financial Reports · 2026 · DOI

• The study identifies a research gap in the understanding of the effectiveness of the AIS in supporting customer service processes. The study aims to fill this gap by analyzing the implementation of the AS/400 platform-based AIS.

  Analisis Efektivitas Sistem Informasi Akuntansi Terhadap Proses Pelayanan Nasabah pada Bagian Customer Service di PT Bank Sumsel Babel Syariah Capem Muhammadiyah Palembang · 2026 · DOI

Most-cited papers in Financial Reporting and XBRL

• Measuring Readability in Financial Disclosures · The Journal of Finance · 2014 · 1,386 citations
• The archeology of accounting systems · Accounting Organizations and Society · 1987 · 889 citations
• ChatGPT for (Finance) research: The Bananarama Conjecture · Finance research letters · 2023 · 491 citations
• A contingency framework for the design of accounting information systems · Accounting Organizations and Society · 1976 · 259 citations
• More on Cutback Management: Hard Questions for Hard Times · Public Administration Review · 1979 · 226 citations
• Accounting and network coordination · Accounting Organizations and Society · 2003 · 209 citations
• Required Disclosures in Financial Reports · The Accounting Review · 2007 · 180 citations
• The FASB's conceptual framework, financial accounting and the maintenance of the social world · Accounting Organizations and Society · 1991 · 176 citations
• Exploring the Transition to Integrated Reporting Through a Practice Lens: An Australian Customer Owned Bank Perspective · Journal of Business Ethics · 2014 · 169 citations
• Socio-Technical Agency in Financial Markets · Social Studies of Science · 2006 · 160 citations

Most recent work

• Using GPT to Measure Business Complexity · The Accounting Review · 2026
• Breaking Down Online and Digital Reporting Practices: A Research Map From Websites to Social Media · Corporate Social Responsibility and Environmental Management · 2026
• Integrating AI and Management Accounting to Improve the Quality of Financial Reporting and Enhance Trust in Iraqi Banks · F1000Research · 2026
• Sustainable accounting in the digital age: Integrating technology for a greener future · Sustainable Futures · 2026
• Artificial Intelligence in Sustainable Finance and Accounting: a Bibliometric Analysis and Future Research Agenda · Information Systems Frontiers · 2026
• Closing the VAT Gap in the EU-27: Business Cloud Accounting and Mandatory Digital Reporting · Journal of Risk and Financial Management · 2026
• Generative Artificial Intelligence and Managerial Accounting · Information Systems Frontiers · 2026
• Artificial Intelligence as a Catalyst for Enhancing Financial Reporting Quality of Listed Deposit Money Banks in Nigeria · Indonesian Management and Accounting Research · 2026
• Artificial Intelligence in Accounting in India: Transforming Financial Practices and Decision-Making · Zenodo (CERN European Organization for Nuclear Research) · 2026
• Development of XBRL-Based Accounting Information Systems and Financial Reports in South Korea and Their Implications for Business Sustainability · Indonesian Journal of Sustainability Policy and Technology. · 2026

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