SBR/XBRL: a hot topic internationally with rising local prominence

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.3/239686

Title: SBR/XBRL: a hot topic internationally with rising local prominence
Author(s): Nagy, Judith; Jubb, Christine; Rouse, Anne; Cybulski, Jacob
Abstract: The Australian Government's Standard Business Reporting project announced in August 2006, which aims to reduce the regulatory burden on business, has shone a spotlight on XBRL. This information technology facilitation tool has prominence internationally but has been slow to develop in Australia. In Japan, Singapore and China, regulatory agencies have mandated business reporting to government using XBRL, with the USA, Netherlands and UK (and others) planning to move to compulsory XBRL filings (from the current voluntary position) in the next few years. The momentum in XBRL developments is rising with the need for the Australian business, academic, professional and public sector communities to now increase its appreciation and understanding of the impacts and implications of this new mechanism for increasing information functionality.
Publication type: Journal article
Source: Deakin Business Review, Vol. 1, no. 2 (Dec 2008), pp. 15-21
Publication year: 2008
FOR Code(s): 1503 Business and Management
Keyword(s): Auditing standards; Extensible business reporting language; XBRL
Publisher: Deakin University
ISSN: 1835-0615
Publisher URL: http://dro.deakin.edu.au/view/DU:30017890
Peer reviewed