Reducing the reporting burden for business
Dr Ken Henry, Secretary of The Treasury, Chair SBR Board
"SBR offers business a streamlined approach to meeting the various reporting requirements of different government agencies throughout Australia."
Reducing the reporting burden for business
Heather Ridout, CEO Australian Industry Group
"The majority of Australian companies spend up to two per cent of their sales revenue in managing Government compliance activities. The Australian Industry Group welcomes actions, such as SBR, to reduce this burden."
Reducing the reporting burden for business
Michael D'Ascenzo, Commissioner ATO, member SBR Board
"SBR is a clear example of where we are expanding our horizon to support and integrate with businesses accounting and record keeping processes allowing government reporting to be a part of natural business systems and activities."
Reducing the reporting burden for business
Andrew Conway, CEO National Institute of Accountants
"The National Institute of Accountants supports the SBR initiative as it will assist in alleviating compliance burdens and ensure accountants and their clients can focus more on business strategy rather than ‘red tape’."
Reducing the reporting burden for business
Graham Meyer, Chief Executive Officer, Institute of Chartered Accountants in Australia
"The Institute of Chartered Accountants in Australia and its members strongly believes that SBR as a process to simplify financial and tax reporting requirements to government will revolutionise business reporting as we know it."
Reducing the reporting burden for business
Katie Lahey, Chief Executive Business Council of Australia
"The creation of a seamless economy, with a uniform set of rules for all Australian businesses, will be pivotal for productivity and economic growth."
Reducing the reporting burden for business
Paul Madden, Program Director Standard Business Reporting
"SBR brings a fresh technical and collaborative approach and welcome maturity to financial reporting. It is part of an international pattern of financial reporting reform in which business achieves benefits."
Reducing the reporting burden for business
Tony D'Aloisio, Chairman ASIC, member SBR Board
"SBR will simplify for lodgers the process of compiling and verifying data for complex financial statements."
Reducing the reporting burden for business
Alex Malley, Chief Executive Officer, CPA Australia
"As strategic business leaders, CPAs need to meet the needs of clients and organisations in an efficient and timely manner. SBR will help save time, reduce errors and provide certainty that reporting obligations have been met by streamlining business-to-government financial reporting processes."
