Mark Bissschop from SBR Banken has written an article for Accountancy World heralding the benefits of Structured Business Reporting (SBR) and calling for further expansion.
Congratulations to our colleagues at SBR Banken in the Netherlands, who this week routed the first digital real estate report through their gateway in XBRL format. Specialist real estate valuation firm MVGM point out that the new arrangements mean that: “With the introduction of digital exchange in real estate data, the time-consuming task of collecting, structuring, assessing […]
Head on over the to conference site for the slides now posted there. For example: Yoshiaki Wada and Dennis Knochenwefel on Trials in using No SQL techniques to strike a balance between change in taxonomies and power in data querying for XBRL analytics. Here. Matthias Pécot on analysing supervisory data using Hadoop. Here. Juan Alberto Sánchez‘s update on Supervisory […]
Next week the European XBRL community will converge on Warsaw to meet at the XBRL Europe/Eurofiling conference. Prior to the conference getting underway ESMA will host a “Meet the Market” discussion about the ESEF mandate. At the conference there will be an update from the European Commission’s EFTG project – a distributed index of corporate […]
The Netherlands is the first country in the world to require companies to file XBRL based annual reports with an accompanying electronically signed XBRL-formatted auditor’s opinion and those reports are now starting to be filed. The reports must be submitted to the Dutch Chamber of Commerce within the Netherlands SBR framework in XBRL. The new […]
Did you know? The Netherlands Standard Business Reporting program goes well beyond tax and company reporting. For example, the Ministry of Education, Culture and Science in the Netherlands (OCW) has published a beta version of the OCW Taxonomy, which is part of the SBR National Taxonomy. The OCW segment of the Dutch Taxonomy 2017 includes […]
Standardised Business Reporting (aka “SBR”) takes an important idea: that clear reporting definitions, applied consistently across government agencies can reduce red tape and make it easier to do business. Countries such as the Netherlands and Australia have been showing the way in this area for years. They have developed the necessary collaboration mechanisms to allow […]
Dutch banks ABN Amro, ING and Rabobank are leading the effort to shift corporate reporting to credit providers from paper to data.
Strong, consistent semantics, data provenance and standardisation are, almost universally, poorly thought out inside large organisations. This makes the business of government harder than it should be. The XBRL standard can assist with many aspects of these problems.
For anyone involved in digitisation of reporting at a government level or that is embracing standardisation to simplify reporting across a supply chain, the principle of Standardised Business Reporting, or SBR is something they will come across, but perhaps need to understand at a deeper level. Now there is a book aimed at data architects and […]