Mandating digital financial reporting in Australia

Support is growing to mandate digital financial reporting in Australia to better use data and technology, writes KPMG’s Audit & Assurance Partner Kim Heng.

Australia is moving towards a transformative shift in financial reporting, with growing momentum behind proposals to mandate digital financial reporting. Financial reports in Australia are still shared as hard copies or PDFs. ASX-listed companies often have over 150 pages of detailed statements and disclosures which are manually prepared, hard to search through and time consuming to analyse. Australia is currently an outlier with major jurisdictions including the European Union, United Kingd...

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Authors: Kim Heng

Published Date: 24 September 2025