According to a recent article in Accounting Today -- The XBRL data standard continues to expand globally around the world as a important tool to reduce regulatory reporting by public companies using a standard data format that can be shared across regulators in one common report. ...
Great article from the European Securities Market Authority on what EU public companies must do using the new Inline XBRL Global Data Standard for Better Transparency & Accountability by putting financial and non-financial financial statement info in a machine-readable format. The USA...
Data creation, data governance, data analytics and Big Data according to the Accounting Today article
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,...
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. One “constant refrain” heard from investors is that “if a company is not talking about its...
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I did not employ Big Data, Cloud or 3D printing but did feel like I moved the client in the right direction with the tool they had (Excel), which is actually decently suited for this analytical purpose, and took them toward a “safer space” of having some more controls over their “user-developed application,” sorely lacking in too many Excel workbook solutions
The attached PDF is a comprehensive glossary of terms for profitability and cost management. This glossary is designed to serve as a standardized reference for professionals in the field, facilitating better communication and understanding of key concepts. It includes detailed definitions of...
PCM glossary of terms 11sep24v1.pdf