5301.8 SBR Standard Business Reporting

The SBR program is currently in development.

Our aim is to provide a standard Business Reporting framework, with the initial focus on financial matters, that can be extended to cover reporting requirements for all Government organisations.

Our approach is to define an XBRL standard that will incorporate the (IFRS) International Financial Reporting Standards and (AASB) Australian Accounting Standards Board.

We will incorporate a significant improvement over other approaches in that no defined value will ever be removed. All values will remain in history - whether or not they are reported on.

For a detailed overview of the Muli SBR application refer to MAN18.