Search

1 to 10 of 17
Sort by

Blog Entry
TechTalk Blog - US Government Mandates Machine-Readable Government Financial Reporting Using Data Standard Like XBRL For Better Data Analytics

The law also incorporated the OPEN Government Data Act, which requires all non-sensitive government data to be made available in machine-readable formats which includes financial data using global standards like XBRL.



Blog Entry
TechTalk Blog - US Government Moves Full Speed-Ahead on DATA Act and Use of XBRL Data Standard for Better Accountability/Transparency

Interesting story in FCW about the current implementation by the DATA Act by the US Federal Government… The DATA Act requires the use of the eXtensible Business Reporting Language (XBRL) data standard for the tagging of both business and financial data for better transparency and accountability. XBRL is a machine-readable data format that can be used in spreadsheets for faster, cheaper and better data analysis


Blog Entry
TechTalk Blog – US SEC EXPANDS USE OF XBRL FOR CAPITAL MARKETS ACCOUNTABILITY

Attended the XBRL US - "Improving Financial Analysis Through Structured Data" Conference yesterday at Baruch College. Excited to hear from Mike Willis, Assistant Director, Office of Economics and Risk Analysis, US SEC speak about structured data (XBRL) and its use at the US SEC and former IMA TSP Committee member. Impressed by his comments - "Stunned by XBRL's use at the US SEC" and "Momentum is increasing in its use in other areas of regulatory reporting at the US SEC besides financial statement data reporting such as executive compensation, proxy and crowdfunding" and "XBRL or "structured data" is mentioned in seven US SEC rules or proposed rules of the US SEC in the past 12 months."


Blog Entry
TechTalk Blog - Securities Regulators from Growth and Emerging Markets Seeking Comments on Sustainability Disclosures (CSR/ESG) & Role of Regulator in this Area

This also includes human capital data disclosure by companies including gender pay and pay ratio data including composition of boards of directors.

David Colgren's profile image


Blog Entry
TechTalk Blog -- CFO MAGAZINE: FINANCE TEAMS TRANSITION OVER TO STEWARDS OF NONFINANCIAL DATA

Nearly half (45%) of the respondents say they now act as their companies’ de facto chief data officer—reporting on a range of KPIs, including nonfinancial metrics


Blog Entry
TechTalk Blog - US Securities & Exchange Commission Chairman and US Congress Urge Public Companies to Disclosure Human Capital Metrics to the Capital Markets

The US SEC Chairman is urging public companies to disclose human capital in addition to financial data