Two AASB 1060 Reports to Fiddle With

For accountants who are interested; here are two AASB 1060 (Australia Accounting Standards Board General Purpose Financial Statements – Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities) financial reports that you can fiddle with.  AASB 1060 is similar to IFRS for SMEs.  Here is about, I don't know I will say 20%, of an XBRL taxonomy created for AASB 1060 that is (a) properly created and (b) complete for that 20% that is provided.

I created a bunch of reports, but I will provide TWO that accountants can fiddle with below. Each of these reports contains the IMPORT files you can use to create the reports for yourself using Auditchain Luca, the XBRL that was output, an HTML rendering, a PDF rendering, and a few odds-and-ends:

  1. Primary Financial Statements with Numbers: (Pacioli Verification Result; note that not all the rules were used to verify report)
  2. Full BSN-ISF Financial Statement with Placeholder Values: (Pacioli Verification Result; note that the full battery of verification rules were used to verify report)
Note the verification result that you see below. This means that all nine categories of verification have been run on the report:


If you are not familiar with how to use Auditchain Luca, this video shows you the basics.

Quality matters in financial reporting.  These XBRL-based reports are professional quality knowledge graphs basically.  What might be interesting is to see if ChatGPT can do anything interesting with these.  Here are the entry points to the reports available on the web: Report 1; Report 2.  

Those reports can be made available in Excel and JSON, see the ZIP archives.  Here is the JSON for the second report. Here is that same second report JSON inside a JSON viewer. Here is that same information, but this time RENDERED as HTML. Here is that same information RENDERED as PDF. Soon (hopefully) I will be able to provide the same information in RDF Turtle format. (Here is a sample of Turtle, an older prototype of SBRM) Here is a Turtle validator.

More advanced?  You may want to fiddle with the Auditchain Pacioli Power User Tool. (This explains that tool.)

Additional Information:

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