Dear TSP Members: Great article in Strategic Finance Magazine in October on Internal Reporting using XBRL for General Ledger by Nicola Dallas Via and Gianluce Garbellotto
GREAT NEWS TODAY... The US Securities and Exchange Commission has voted today to move forward in mandating the use of Inline XBRL for US public company financial statement disclosure. See below story blogged on December 28, 2016 in which we discussed the possibility of the US SEC taking...
Great article on Blockchain technology, cloud shared public ledgers and how it can be used for state, local and federal government to provide new services to the public. Premise: Blockchain technology can be applied using distributed public record technology that can be directed to a wide...
XBRL can also be used for internal reporting and efforts are underway using XBRL for the General Ledger of companies
Great article from the European Securities Market Authority on what EU public companies must do using the new Inline XBRL Global Data Standard for Better Transparency & Accountability by putting financial and non-financial financial statement info in a machine-readable format. The USA...
Great article in Sustainable Brands and the significance of non-financial reporting disclosure by companies and its direct relationship to investor behavior… According to a recent Ernst & Young survey : Investors are increasingly using non-financial performance to draw...
Earlier this week the US Securities and Exchange Commission's Office of Minority and Women Inclusion (OMWI) issued a report aimed at helping SEC-regulated entities assess diversity efforts to the capital markets and other interested stakeholders. The self-assessments are voluntary for US public...
Great article in Accounting Today by Daniel Hood (Editor) today about the accounting profession and its relationship to technology… From Accounting Today: T homson Reuters’ Jon Baron … roughly a third of them (accountants) are dooming themselves to extinction by not embracing change and...
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Great article in Accounting Today about the status of XBRL adoption worldwide and its use to reduce business and regulatory reporting burdens (using Standard Business Reporting) and enhance analytics because tagged data is in a machine-readable structured format as discussed by John Turner,...