The IMA has been a big supporter of the use of data tagging of key public financial information to support better transparency and accountability. Using such open, freely available technologies like XBRL can enhance the data tagging of critical data disclosed to the public to help raise money in the capital markets and create new jobs. XBRL ( an XML data tagging regime for financial/business reporting data tagging standard ) and the new SEC crowdfunding rule requires the use of structured data like XBRL. XBRL has mandated by the US SEC to data tag critical financial information disclosed by public companies to enhance accountability and transparency and to protect millions of investors around the world investing in US public companies
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Dear Members, Our November newsletter is out now. Please use the below link to read. IMA Dubai Chapter - Newsletter Nov Edition Regards IMA Dubai Chapter Team
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