The evolution and diffusion of the standard business reporting (SBR) initiatives: Evidence from UK small businesses
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Said M. Alkhatib [1] ; Esraa S. Alkhatib [1]
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[1] University of Jordan
University of Jordan
Jordania
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- Localización: The International Journal of Digital Accounting Research, ISSN 1577-8517, Vol. 22, Nº. 28, 2022, págs. 1-45
- Idioma: inglés
- Enlaces
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Resumen
Few studies have comprehensively described Standard Business Reporting (SBR) as a policy-driven initiative based on inline eXtensible Business Reporting Language (iXBRL) aimed at reducing the administrative burden of statutory business reporting. The SBR term is still difficult to understand even by the countries where it has been implemented. The objective of this study is twofold. First, it describes in detail the evolution of the SBR initiatives in the UK. Second, it investigates the drivers and inhibitors of the take-up of the SBR initiative by small businesses based on the technology, organization, and environment (TOE) framework. It draws on contextual data and 23 interviews with participants involved in the development of these initiatives. The findings show that the following are perceived as drivers of the take-up of the SBR initiatives by small private companies: the relative advantages of using WebFiling, commercial filing software, and the digital services, the organizational readiness of accountant, and the influence of commercial filing software. However, we find no evidence that the relative advantage of using the joint-filing facility via iXBRL was perceived as a driver of the take-up of this innovation. The findings indicate that the absence of critical mass among government agencies inhibits its diffusion. This study provides specific implications to small businesses, the accountants working in small businesses and practice, government agencies in the UK, and other jurisdictions embarking on the SBR initiatives for further developments to reduce the reporting burden on smaller entities.
