Search

1 to 10 of 38
Sort by


Blog Entry
TechTalk Blog: Draft Data Exchange Standard for the DATA Act Has Been Published

The DATA Act directs the Secretary of the Treasury (not later than three years after the enactment of this Act) to ensure that information on funds made available to or expended by a federal agency is posted online, in a searchable, downloadable format under this open data initiative that can be used by the public and other important stakeholders. US Treasury and OMB will be making an announcement in May 2015 regarding the new data standard(s) that will be used by federal government agencies to fulfill the DATA Act requirements. Following this announcement, government agencies have two years within which to start reporting their financial, payment, budget, grant and contract information using the approved data standard(s) from Treasury and OMB. There is strong optimism within the XBRL community that the first step to transparency and accountable in federal government financial reporting will be the utilization of the XBRL data (or similar XML format) standard by US Treasury and OMA






Blog Entry
TechTalk Blog -- 86% of Accounting Tasks Can Be Automated With Current Technology -- Management Accountants Need to Review New Technologies

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...

David Colgren's profile image

Blog Entry
TechTalk Blog: DATA AMPLIFIED GLOBAL CONFERENCE IN PARIS HELD ON NOVEMBER 6-8, 2017 TO DISCUSS FUTURE OF BUSINESS REPORTING & DISCLOSURE

ATTENTION: IMA MEMBERS -- Its not too late to register for the DATA AMPLIFIED GLOBAL CONFERENCE IN PARIS The IMA is an ASSOCIATION PARTNER and Strategic Finance Magazine is a Media Partner for the Conference 15% DISCOUNT IS AVAILABLE FOR IMA MEMBERS AROUND THE WORLD USING IMA15 ...


Blog Entry
TechTalk Blog - XBRL ADOPTION GROWING WORLDWIDE IMPACTING MILLIONS OF COMPANIES FOR REDUCTION OF REGULATORY REPORTING BURDEN & BETTER ANALYTICS

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,...

David Colgren's profile image