As applications and services hosted in the cloud propagate, those organizations that migrate will need fewer internal technology staff but more “tech-savvy” accountants
1 Comment - We need to look at the fundamental requirements of data governance in security of our data assets, as accountants are charged with that duty, considering that safekeeping of company assets is in our purview
The cloud is nothing new… to many of us...However, others see the cloud as ominous, dark and even threatening
Accounting and finance technology changes quickly, and an excellent forum for learning about the latest and greatest is also approaching quickly – the IMA 2015 Annual Conference & Exhibition (ACE) in Los Angeles, June 20-24 (if you haven’t registered yet – be sure to do so now at www.imaconference.org )
TechTalk Blog – How Accounting is Evolving in the Cloud & Trends Great article in PC Magazine with CEO of AccountantsWorld about how accounting is moving into the cloud – especially in the SME marketplace. Cloud accounting is helping both accountants and businesses grow more productive. Hot areas of cloud accounting include accounts receivable, bookkeeping, inventory, reporting and payroll
This is an interesting new trend in corporate governance. However, a mere 5% of public companies now have technology committees on their boards, as cited by Nash
3 Comments - Not only does technology governance need to involve the board – a company also needs to integrate its key management functions
According to CNBC, banks could be using bitcoin by the end of next year based on the development with the adoption of new cloud-based ledger technology called “blockchain”
Using XBRL in the USA and EU will allow better comparability to manage risk and protect the capital markets creating investment and jobs to support our economy. IMA supports the use of XBRL to support greater transparency and accountability in the capital markets.
Among other things, the recommendations propose requirements for disclosure of material Environmental, Social and Governance (ESG) specific risks, aimed at enhancing transparency
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
Climate Change Climate Finance cloud computing Cloudfunding compliance reporting Comptroller COMPTROLLERS Congresswoman Maxine...