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Beautiful view of Tunisia flags. TUNISIA.

SBR gets a Push in Tunisia

December 9, 2016

There is proven phenomenon of countries without significant telecommunications infrastructure “leapfrogging” landlines and moving straight to a robust mobile network. Could business reporting work the same way? Business reporting in Tunisia is currently paper based and not particularly comprehensive, but the government in Tunisia is actively seeking foreign investment and is under pressure to enact […]

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Cutting red tape and bureaucracy obstacle business concept as a group of scissors making cuts to symbols of government gridlock and regulatory confusion.

Can SBR Work in the US?

December 9, 2016

We’ve got some more news from our friends at the Data Coalition in the US this week. Their research arm, the Data Foundation, is publishing a paper in cooperation with PwC on Standard Business Reporting. An excerpt shared this week highlights the potential for SBR to reduce some of the costs to business for regulatory […]

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Trade networking

India Embracing of XBRL – a Synopsis

December 9, 2016

The four major regulators in India involved in the adoption of XBRL are the Reserve Bank of India, the Ministry of Corporate Affairs (MCA), the Securities and Exchange Board of India (SEBI) and the Insurance Regulatory and Development Authority (IRDA). XBRL is also used by the  BSE (formerly the Bombay Stock Exchange) and even by the state […]

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Instruction text on a wood blocks at wooden table.

Share your Experience with Filing Manuals and Rules

December 9, 2016

Our view is that minimising constraints within filing manuals and maximising the use of taxonomies for standardising the filing process leads to enhanced interoperability. What’s yours?

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IASB Looking to Adapt to Changing Nature of Data Consumption

December 9, 2016

Our thoughts on a recent speech by IASB Chair Hans Hoogervorst.

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Cityscape view of Sydney, Australia in evening.

UPDATE – Savings from SBR in Australia

December 2, 2016

In September we let you know about the projected A$1.2 billion in savings from Standard Business Reporting in Australia. Now the Australian Taxation Office Annual Report is out, confirming that amount, which is 50% greater than the original business case projections. That result certainly makes a compelling case for SBR, which has also been put to use […]

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Open Source Technology or Technologies as Abstract

Data Coalition Calls out “Spotty” Progress on US DATA Act

December 2, 2016

Reports by Inspectors General of US Government agencies reveal that progress towards deadlines set out by the DATA Act for structured spending data is not on track.

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Glowing light bulb on the converging point on a circuit

“Integrated Reporting” Getting a Look in Malaysia

December 2, 2016

Malaysian Deputy Trade Minister Datuk Chua Tee Yong called for the adoption of Integrated Reporting by businesses in that country.

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Image of eyeglasses, pen, touchpad and financial documents at workplace

Corporate Actions in iXBRL

November 28, 2016

XBRL US has just started to experiment with iXBRL versions of corporate actions. Check out this example that reuses the open source iXBRL inspection tool that the SEC contributed to and use themselves.

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collaboration

Collaboration is Key

October 28, 2016

Fintech-driven technology and process improvements are revolutionising the way information is collected, managed, published and used. Collaboration is key to making it all work.

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