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TechTalk Blog - XBRL ADOPTION GROWING WORLDWIDE IMPACTING MILLIONS OF COMPANIES FOR REDUCTION OF REGULATORY REPORTING BURDEN & BETTER ANALYTICS

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, CEO of XBRL International

David Colgren's profile image

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

Meaning evidence based data is not in a machine-readable format using one common accounting standard for government financial reporting to provide better data analytics to make evidenced based decisions


Blog Entry
TechTalk Blog: Rise of a Hybrid in the C-suite - the CFTO?

Advancements in technology have impacted the ways in which management accountants work, moving them along an arc towards more strategic thinking and data-driven decision making using advanced data analytics and other inputs



Blog Entry
TechTalk Blog: DATA AMPLIFIED GLOBAL CONFERENCE IN PARIS HELD ON NOVEMBER 6-8, 2017 TO DISCUSS FUTURE OF BUSINESS REPORTING & DISCLOSURE

Hosted by XBRL International, the Data Amplified Conference connects the business reporting supply chain to discuss their successes, new opportunities and existing challenges with data standardization, technology and analytics to drive better decisions


Blog Entry
TechTalk Blog -- NEW LEGISLATION INTRODUCED IN CONGRESS TO MOVE XBRL ACROSS ALL US FEDERAL FINANCIAL AGENCIES FOR BUSINESS REPORTING

The IMA supports the build-out of XBRL because it allows management accountants to move away from keying data into Excel spreadsheets and move to data analytics – predictive analytics for companies they serve


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 same financial reporting standard used in the private sector can be leveraged over to the US municipal bond marketplace to create better transparency and accountability in this increasing complex marketplace to protect the public interest by making this data more accessible and in a machine-readable format for better data analytics

David Colgren's profile image

Blog Entry
TechTalk Blog - Need for Digital Assurance Services Grow As Structured Data (XBRL) Gains Momentum by Both Capital Markets & Governments For Better Decision Making

As regulators, investors, companies, government and analysts increasingly use XBRL data for their analyses the market need for digital assurance of the specific reported data elements using XBRL will increase – especially as data is separated from original disclosure documents and mashed into new reports and data analytic surveys