Great article in CFO Magazine by Russ Banham on the quickly expanding role CFOs and their finance teams are now assuming beyond the management of financial information critical to the operation of the enterprise they pilot. The Finance team is quickly becoming the “de facto”...
Great article about UK’s new narrative reporting framework for listed companies, banks and insurance enterprises with more than 500 employees that went into effect for financial reporting periods on or after January 1, 2017 . Companies, banks and insurance enterprises will be required...
Great article in the Wall Street Journal yesterday about new US SEC Crowdfunding Rule that goes into effect MONDAY - next week. The article by Ruth Simon of the WSJ provides great background and specifics about the rule and how small companies and investors can utilize crowdfunding to obtain...
Great article in NEXTGOV regarding the status of the DATA ACT. According to today’s article -- late last week - US Treasury issued a final version of the "schema," outlining definitions, time frames and standards for data sharing across government agencies. The DATA ACT requires the use of...
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Interesting story in Reuters today about how EU Regulators are backing-off regulating BLOCKCHAIN for NOW. Late last month Christopher Giancarlo, a member of the U.S. Commodity Futures Trading Commission (CFTC) , said that regulators should "DO NO HARM" and allow blockchain to flourish. In...
Great news yesterday regarding the expanded use of XBRL across the capital markets by the Securities and Exchange Commission (US SEC). The US SEC Commission voted to propose rules to require public companies (+14,500) to disclose the relationship between executive compensation and the financial...
According to a senior official quoted in a recent February 20th Reuters story , the U.S. Securities and Exchange Commission (SEC) is " on the lookout for violations such as poor risk controls or lax disclosures relating to hacking and other cyber breaches ." Cybersecurity is certainly a...
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