The Internet of Things (IoT) is becoming mainstream in our nomenclature today...IoT is about enabling all types of products with information technology...If we already thought the piles of data were big enough, just wait
Thanks Brad, I find IoT a fascinating subject for management accountants because of high potential benefits and risks. I think one of the first questions we need answered by the tech industry is how the hardware and software developers are incorporating cybersecurity concerns into their development. I think the risk of giving inadvertent access to other cyber assets and the devices themselves being hacked has to be addressed strongly before we can open up to widespread adoption, but I'm open to being instructed on this (in my mind) deal-breaker, since the possible uses of IoT are so plentiful and exciting for our firms and our accounting or more likely, analysis
Dear TSP Committee Members: Great speech last week from Richard Berner of the US Treasury Office of Financial Reporting at the Financial Regulation Summit: Data Transparency Transformation in Washington, DC on Tuesday, March 24, 2015
This kind of reporting benefits all of us, not just government regulatory agencies
Premise: Blockchain technology can be applied using distributed public record technology that can be directed to a wide range of urban applications to assist the public and distribute resources to meet public need using peer-to-peer collaboration
With the recent news that the European Securities and Markets Authority (ESMA) has published a feedback statement setting out the use of Inline XBRL as the digital format which public companies in the European Union (EU) must use to report their company information to investors worldwide from January 1, 2020. Over the years the IMA has championed the use of XBRL as a machine-readable data format for financial reporting to promote greater transparency and accountability to support economic growth and new jobs in the capital markets
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
-- moving the use of structured data beyond what public companies are disclosing to the capital markets on the Internet t o other business areas in the world of management accounting?
According to CERES - while almost half of the 600 largest U.S. public companies communicate with investors about environmental, social and governance issues, they could be doing a much better job of it
Human capital development is one of the key factors in human development in which the government and the private sector plays a critical role
She has been one of the original supporters of using technologies like XBRL in the State of Nevada to provide better transparency and accountability for financial management of government. As the Former Controller of the State of Nevada - Kim understands the importance of how government services can be deployed more strategically using evidenced-based data - especially those most underserved or marginalized by society that need government assistance.