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Sweden is restarting its efforts with structured data reporting using XBRL.
The Australian Taxation Office is projecting total savings in 2015-2016 from SBR to be a staggering A$1.1 billion.
The Australian Securities & Investments Commission (ASIC) thinks that increased sharing of data could ease reporting burdens on business and improve the agency’s ability to meet its regulatory objectives. We agree.
Economic Development and Innovation Minister Mikael Damberg announced recently that the Swedish government is going to start pushing firms towards digital submission of financial reports, with the aim of making such practice mandatory in 2018.
XBRL Sweden, in cooperation with the Tax Agency, the Swedish Companies Registration Office, Statistics Sweden and the Swedish Financial Supervisory Authority is hosting a conference on SBR
The Australian Tax Office has begun transitioning preparers towards exclusive use of a new reporting channel that will further advance SBR in that country.
After last year’s successful approval of XBRL as an official Swedish standard, XBRL Sweden has been working on the groundwork for SBR reporting in that country.
The Dutch Ministry of Interior is launching an SBR pilot program for filings related to the submission of financial reports to the Social Housing Guarantee Fund (WSW) and the Authority for Housing Associations (Aw).
A partnership of three major commercial banks in the Netherlands announced this week that they will mandate the use of the Standard Business Reporting (SBR) program for all credit reporting as of 1 January 2017.