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
Open data sets are becoming more available over the Internet, but with varying degrees of quality, context, structure and integrity
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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...
How can the quality of structured disclosures be enhanced?
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...
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 ...
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,...
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”...
According to a recent article in FEI daily in an interview of Mark Flannery, SEC Chief Economist and Director of DERA: “CIRA is essentially the Accounting Quality Model on steroids
They have create XBRL structured data format that entities can use to get accurate information using the Internet to external parties for better data analytics… Like shifting billions of investment dollars to entities that are providing productive ventures to promote the public benefit – CAPITAL MARKETS OPTIMIZATION using GOOD, QUALITY DATA FOR INVESTMENT DECISIONS IN A MACHINE-READABLE STRUCTURED DATA FORMAT
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