The impact of XBRL on data and information leads to many research questions.
Teixeira (2004) suggests that the use of XBRL will benefit financial accounting researchers
due to the availability of richer, better quality databases. Wagenhofer (2003) looked at data
and providers of data, arguing that XBRL will standardize not only the format but also the
content of information provided. If and how the use of XBRL will change the nature of data and information, is an open research question. Figure 5 describes the research categories
used to describe potential research on the impacts of XBRL.