Late last week the US SEC announced that public companies in the United States can voluntarily begin to use the iXBRL data format for submission of financial statements to the US EDGAR System. US SEC has mandated that all public companies (estimated to be 14,500) tag their financial...
Several days ago the US SEC released its Final Rule relating to the use of Crowdfunding to support the SME marketplace create millions of new jobs. In April, 2014 in Strategic Finance Magazine we discussed the relevance of using Crowdfunding and its importance to the SME marketplace and...
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...
If I were a betting man – and sometimes I am – the data released by The Hartford Midsize Business Monitor about the role of technology in midsize companies points towards a growing risk that is not just the exclusive pain of the ‘big guys.’ Eighty-two percent of midsize companies consider...
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In business, we have learned that centralizing key functions, including accounting and finance, are crucial to efficiency, risk management, and control, among other things. After all, it probably doesn't make sense if each team conducted its own accounting or designed and managed its own...
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New US SEC Reg A+ to Help Smaller Companies Access Investment Capital via Crowdfunding Using Social Media, Big Data and Cloud Technologies On March 25, 2015 the US Securities and Exchange Commission announced that it has adopted rules to facilitate smaller companies' access to...