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Accelerating Standardised Business Reporting Programme implementations Levine Naidoo 19 May 2011

22 nd XBRL International Conference “Sharing Economic Information in a Global World: the XBRL Contribution” 17-19 May 2011 Brussels, Belgium. Accelerating Standardised Business Reporting Programme implementations Levine Naidoo 19 May 2011. Contents.

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Accelerating Standardised Business Reporting Programme implementations Levine Naidoo 19 May 2011

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  1. 22nd XBRL International Conference“Sharing Economic Information in a Global World: the XBRL Contribution”17-19 May 2011Brussels, Belgium Accelerating Standardised Business Reporting Programme implementations Levine Naidoo 19 May 2011

  2. Contents • The Standardised Business Reporting Concept • Implementation philosophy • Outcomes based • Lowering the overall burden • Minimum effort, maximum value • Integrated whole-of-government approaches • Taxonomy design considerations 2

  3. Disclaimer The context of this talk, whilst based on some lessons learned on SBR Australia, includes business and technology lessons from other large projects. They are the opinions of the speaker and do not constitute official company or client recommendation. 3

  4. The standardised business reporting concept • A SBR programme is a unique implementation of a multi-agency business & technology solution - focuses on reducing the reporting burden for a particular economic ecosystem... • This presentation emphasises the underlying philosophy involved in successful on-time and on-budget delivery of such transformative initiatives. • On-time and on-budget is more meaningful if filers are ready to adopt 4

  5. Use an outcomes based approach • Maximised Adoption • Maximised Usage • Maximised supportability 5

  6. Lowering the reporting burden • Develop a clear and concise stakeholder engagement and communications plan • Streamline and standardise the B2G lodgement approach • Provide support for multiple stakeholders with varying maturity 6

  7. Minimum effort, maximum value • Minimise effort through leverage of proven assets and patterns • Derive maximum value through reuse of the platform and its components. 7

  8. Integrated Whole-of-Government approaches • Adopt a Programme/Whole-of-Government taxonomy using a standard reporting language • Establish a multi-agency governance on both taxonomy and systems engineering • Build an extensible B2G core infrastructure that can accommodate information exchanges for other domains 8

  9. Taxonomy design considerations • Start early and start simple • Knowledge Transfer • Business vs technically driven • Project Planning, software engineering and governance • Existing Base Taxonomies • Extensions • Harmonisation 9

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