{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,7,17]],"date-time":"2026-07-17T12:08:00Z","timestamp":1784290080596,"version":"3.55.0"},"reference-count":57,"publisher":"American Accounting Association","issue":"1","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":[],"published-print":{"date-parts":[[2024,3,1]]},"abstract":"<jats:title>ABSTRACT<\/jats:title>\n               <jats:p>We develop a measure of disclosure quality using disaggregation of financial statement items from the Form 10-K XBRL filing. Our measure (ITEMS) extends Chen, Miao, and Shevlin\u2019s (2015)DQ measure and is distinct from R. Hoitash and U. Hoitash\u2019s (2018)ARC measure. Our measure provides a simple measure of disaggregation by counting the balance sheet and income statement line items, it does not depend on the data aggregators\u2019 collection process and is readily available shortly after the Form 10-K is filed. We validate ITEMS by showing that firm fundamentals correlate to ITEMS in the predicted direction using OLS regression. We find that ITEMS explains consequences of disclosure quality: forecast error, forecast dispersion, bid-ask spread, and cost of equity capital. Further, ITEMS has explanatory power of disclosure quality consequences incremental to DQ and ARC, and it is distinct from ARC evident from different associations with disclosure quality consequences and reporting quality.<\/jats:p>\n               <jats:p>Data Availability: Data are available from public sources identified in the text.<\/jats:p>\n               <jats:p>JEL Classifications: M10; M40; M41.<\/jats:p>","DOI":"10.2308\/isys-2021-004","type":"journal-article","created":{"date-parts":[[2023,10,24]],"date-time":"2023-10-24T20:05:45Z","timestamp":1698177945000},"page":"119-147","source":"Crossref","is-referenced-by-count":4,"title":["Measuring Financial Statement Disaggregation Using XBRL"],"prefix":"10.2308","volume":"38","author":[{"given":"Joseph A.","family":"Johnston","sequence":"first","affiliation":[{"name":"Illinois State University"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-9097-8883","authenticated-orcid":false,"given":"Kenneth J.","family":"Reichelt","sequence":"additional","affiliation":[{"name":"Louisiana State University"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"ORCID":"https:\/\/orcid.org\/0000-0001-8351-2973","authenticated-orcid":false,"given":"Pradeep","family":"Sapkota","sequence":"additional","affiliation":[{"name":"University of North Texas"}],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"1112","published-online":{"date-parts":[[2024,2,20]]},"reference":[{"issue":"1","key":"2024030113545617400_B1","doi-asserted-by":"crossref","first-page":"103","DOI":"10.2308\/isys-10248","article-title":"A relative cost framework of demand for external assurance of XBRL filings","volume":"26","author":"Alles,","year":"2012","journal-title":"Journal of Information Systems"},{"key":"2024030113545617400_B2","unstructured":"American Institute of Certified Public Accountants (AICPA). 2013. SOP 13-2 Performing Agreed-Upon Procedures Engagements that Address the Completeness, Mapping, Consistency, or Structure of XBRL-Formatted Information. Statement of Position 13-2. New York, NY: AICPA. https:\/\/egrove.olemiss.edu\/cgi\/viewcontent.cgi?article=1788&context=aicpa_sop"},{"key":"2024030113545617400_B3","unstructured":"American Institute of Certified Public Accountants (AICPA). 2017. Principles and Criteria for XBRL-Formatted Information. 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FASB takes big steps on disclosure effectiveness. Journal of Accountancy(August 28). https:\/\/www.journalofaccountancy.com\/news\/2018\/aug\/fasb-disclosure-effectiveness-201819617.html"},{"key":"2024030113545617400_B48","unstructured":"U.S. Securities and Exchange Commission (SEC). 2009. Final Rule: Interactive Data to Improve Financial Reporting (Release Nos. 33-9002; 34-59324; 39-2461; IC-28609; File No. S7-11-08; January 30). Washington, DC: SEC. https:\/\/www.sec.gov\/rules\/final\/2009\/33-9002.pdf"},{"key":"2024030113545617400_B49","unstructured":"U.S. Securities and Exchange Commission (SEC). 2023a. Financial Statement Data Sets. Office of Structured Disclosure (March 31). Washington, DC: SEC. https:\/\/www.sec.gov\/dera\/data\/financial-statement-data-sets.html"},{"key":"2024030113545617400_B50","unstructured":"U.S. Securities and Exchange Commission (SEC). 2023b. Inline XBRL (February 9). 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