The US House of Representatives’ Financial Services Committee just created a Diversity and Inclusion subcommittee (the first in the nation’s history) to examine this important human capital topic and to understand what companies are disclosing this data, why and how the capital markets and government can support better disclosure. The financial services committee has Congressional oversight of the US SEC, PCAOB and the accounting and auditing profession, How Can Diversity and Inclusion Support a Company’s Business Case?
Powerful mandates requiring XBRL include : The European Securities Market Authority (ESMA) for Public Company Financial Reporting (ESEF) for more than 6,000 EU Public Companies The European Insurance and Occupational Pensions for Solvency II Reporting for EU Insurance Companies and Financial Service Firms The European Banking Authority for MiFiD and MiFid II for EU Banks The German business registry collects financial data from over 1M firms though various channels, which is converted to XBRL and published each year in the Bundesanzeiger
data quality data scientist data steward data visualization dcolgren Deloitte Department of Commerce Department of Labor Digital Media disclosure Distributed Ledger documentation Dow Jones EDGAR System Elizabeth Warren emerging techs Enhanced Reporting ENRON EPA Equity Research ERM Ernst Young ERP ESG ESMA Excel Executive Compensation Executive Pay EY FASB FBI FCW Federal Reserve FEI financial information financial modeling financial reporting Financial Services
For example, a large financial services firm discovered it was paying for dozens of software licenses and data subscriptions that employees weren’t even using – a remnant of past initiatives that no one owned