What does this mean to the management accountant? It means that with the cost of data analytics and storage expenses of Big Data declining -- we are going to see better technology enhancements to auditing and analytics of data used for crowdfunding and the opportunity of the management accountant to move up the consulting to management pyramid. Crowdfunding will also give management accountants an opportunity to look at alternative funding sources for the finance team as well as offering new services to management and/or their clients such as wealth management, assurance of information used for crowdfunding solicitation, compliance, education and investor advice
Concerns by SMEs over issues like security, access to data, quality of information, mobility, control and other risks are barriers to wider adoption among small companies… and among management accountants
BUT the SPECIFIC data elements reported and consumed by the capital markets is not ASSURED by the auditor or the management accountant reporting this information to the CFO – the FULL paper report is ASSURED but not the specific DATA ELEMENT reported in the financial statement
Management accountants can play a role in activating this new technology...For example, Management accountants can play an effective role in creating and tagging these data definitions used inside blockchain technology
Korea Chapter of IMA
TechTalk Blog – How Accounting is Evolving in the Cloud & Trends Great article in PC Magazine with CEO of AccountantsWorld about how accounting is moving into the cloud – especially in the SME marketplace. Cloud accounting is helping both accountants and businesses grow more...
Tech Alert: US SEC Chair Mary Jo White released a statement at an Open Meetings yesterday (April 13, 2016) on Regulation S-K Concept Release and use of Inline XBRL for better public company financial disclosure. Mary Jo White hinted at the open meeting of the US SEC that the agency is...
TechTalk Blog – US Chief Information Officer Says Big Cloud Providers Provide Best CyberSecurity CyberSecurity is a big issue facing both accountants and the business community today. In a blog posted by the Wall Street Journal -- United States Chief Information Officer...
Overview: Digital Transformation is a hot topic, this webinar discusses the areas that businesses need to look at to manage the impact of digital transformation strategically. Objectives: Define Digital Transformation. How Businesses can manage Digital...
08-27-2020 | 08:00 PM - 09:30 PM AT
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