Standard Business Reporting (SBR) provides governments and businesses with an unequivocal, cost-effective, secure and adaptable method for the exchange of business information between organisations in a reporting chain based on open standards. In 2009 Standard Business Reporting (SBR) was effectively launched, covering innovative public-private governance councils, working groups. In cooperation with representative bodies of businesses, intermediaries and several ministries, the XBRL standard could now be phased in as the standard for cross domain government reporting. Instead of bringing…