In the last twenty years a technological revolution occurred fueled by the widespread diffusion of the internet. With regard to Financial Reporting, this trend also generated the development of Extensible Business Reporting Language (XBRL), which many accounting experts expect to revolutionize financial reporting since it allows corporate financial information to be aggregated, transmitted and analyzed quicker and more accurately. Generally Accepted Accounting principles(GAAP)and International Financial Reporting. Standards ( IFRS)on use XBRL on corporate financial reporting many advices. Since January 2009, when the United States Securities and Exchange Commission (US SEC) adopted rules that require firms to provide to the Commission financial statements in XBRL as well as posting to its website, a lot of articles have been prepared which describe the benefits of XBRL. on sum these articles up, the use of XBRL for financial reporting should provide benefits to parties interested in financial information such as investors, financial analysts, and regulators as it enhances information exchange, lowers accessing costs and times, reduces errors, and improves information analyses. The results use XBRL shows that financial reporting is done with many speed and financial transparency.