Very interesting CFO Magazine article on the growing crisis of corporate governance, risk breaches and the need for additional technologies to assist companies with the major financial liability issue… "Despite such headlines, “corporate mistakes keep getting worse,” Forrester writes
1 Comment - no search term matches found in comments.
Information on the data exchange standard required by the DATA Act has been published to provide technical glimpse into implementation. On May 9, 2014, President Obama signed into law the DATA Act. The DATA Act was passed unanimously by Congress (which included Senator Menendez's...
Tech Alert: US SEC Chair Mary Jo White released a statement at an Open Meetings yesterday (April 13, 2016) on Regulation S-K Concept Release and use of Inline XBRL for better public company financial disclosure. Mary Jo White hinted at the open meeting of the US SEC that the agency is...
Interesting alarming report from the US GAO issued in January 2016 to Members of Congress on the need in the capital markets and more specifically -- public companies – to disclose in their reports and to the US SEC material risks related climate change so investors and the public can make...
The IMA has formed a partnership with SASB recognizing the important role SASB can play in helping both public and private companies report non-financial information to the capital markets such as sustainability information/ corporate governance/ social indicators
According to InvestmentNews -- regulators such as the Securities and Exchange Commission (US SEC) and the Financial Industry Regulatory Authority (FINRA) are cracking down on companies that fail to incorporate and use technology to stay in compliance with regulatory mandates. Citigroup...
Great article in Accounting Today by Michael Cohen (Technology Reporter) about the United States Securities and Exchange Commission looking more closely at XBRL data tagging of financial statement & footnotes of public company disclosures more closely now. From the article: “Lou...
At the Rutgers Business School 38th World Continuous Auditing and Reporting Symposium on November 4 th & 5 th 2016 on the Rutgers campus in Newark, NJ.; a panel discussed the Rutgers AICPA Data Analytics Research Initiative (RADAR) . The three components of the project are: ...
1 Comment - These are great initiatives leveraging on the application of Big Data Analytics in the area of Audit; will also help in complementing good corporate Governance Practices too
According to CNBC, banks could be using bitcoin by the end of next year based on the development with the adoption of new cloud-based ledger technology called “blockchain”. According to a report by TABB research -- “Capital markets could adopt the technology behind bitcoin as early as next...
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...