The bill (S.B. 255) passed the Ohio State Senate in June and was introduced in the State House in July; to date, it has yet to be referred to a committee
The bill ( S.B. 255 ) passed the Ohio State Senate in June and was introduced in the State House in July; to date, it has yet to be referred to a committee
Interesting debate yesterday before the US Senate Banking Committee on the topic of expanding disclosures of US companies to include environmental, social and governance data besides just financial disclosures
Federal Computer Week published a great story on Congressman Mick Mulvaney (R-S.C.) confirmation hearings as the next OMB Director of the US Government. Congressman Mulvaney (Tea Party Leader in Congress) stressed the importance of getting accurate and useful data in order to inform his and...
The US Comptroller General spoke in March before the US Senate Budget Committee about current abuses in government spending because of the lack of transparency and accountability and he personally indicated that he wanted to take an active role in the implementation of the DATA Act to usher in a new era of government financial accountability and transparency
Great news yesterday regarding the expanded use of XBRL across the capital markets by the Securities and Exchange Commission (US SEC). The US SEC Commission voted to propose rules to require public companies (+14,500) to disclose the relationship between executive compensation and the financial...
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...
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Congressman Darrell Issa (R-CA) will be introducing the Financial Transparency Act of 2015 that will mandate standards like XBRL across the capital markets and possible link to the Global Legal Entity Initiative (LEI). This announcement today, follows the announcement last week from the...
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