Currently this disclosure has NOT been mandated by the US SEC and CFOs and finance teams are looking for guidance from the US government on disclosing this important data to support a growing investor interest marketplace. Many finance teams in the US are looking to other countries where securities regulators have mandated non-financial disclosure for direction such as in the EU, Japan and other Asian countries
The International Organization of Securities Organizations (IOSCO) issued a press release today stating that securities regulators from growth and emerging markets are seeking public feedback on proposed recommendations related to the development of sustainable finance in capital markets and the role of securities regulators in this area
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...
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,...
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