02/05/2019
Read the AGA Journal article on the various initiatives that are underway to transform government financial reporting using .
Improving Government Financial Reporting – Ez-XBRL
The need for transparency and timeliness of financial information on governments is gaining momentum. This new report provides an update on the benefits.
18/01/2019
In addition to better analysis of fiscal performance by , , and state governments, and other forms of structured data can significantly benefit preparers of financial reports in state and local governments. This report that was published recently by XBRL US provides an analysis of for Commonwealth of Virginia localities. It also highlights how standardized, XBRL-based data can benefit data consumers.
VIRGINIA LOCALITIES FISCAL PERFORMANCE REPORT (January 2019) | XBRL US
The VIRGINIA LOCALITIES FISCAL PERFORMANCE REPORT – JANUARY 2019 analyzes the fiscal health of Virginia municipalities and recommends that CAFRs be produced using financial data standards such as Inline XBRL. This report was prepared by XBRL US members, Yossef Newman, Professor of Business and Acc...
18/01/2019
A significant first step in the development of standards-based reporting for state and local governments. Lots more coming soon.
XBRL US Publishes CAFR Demonstration Taxonomy for State and Local Government Reporting | XBRL US
XBRL US announced today that it has published a Demonstration Release Taxonomy representing selected portions of the Comprehensive Annual Financial Report (CAFR) used by state and local governments to report financial data. The taxonomy was developed by the XBRL US State and Local Government Disclos...
16/10/2018
Blockchain for audit confirmations.
Big Four to Pilot Blockchain-based Auditing in Taiwan
Deloitte, EY, KPMG and PwC will cooperate with a consortium of 20 banks to simplify the auditing process for public companies.
16/10/2018
FRC releases XBRL Taxonomy updates that reflect changes for IFRS reporting as well as UK GAAP.
31/08/2018
An important update to further enhance data quality for filers.
DQC 7th RuleSet and Guidance on RevRec and Pension Tagging | XBRL US
Twelve new rules are included in the seventh ruleset from the XBRL US Data Quality Committee, covering tagging under the new revenue recognition standard, and potential problem areas with tagging pension data. In addition to the automated rules, the DQC has published detailed guidance for issuers on...
22/08/2018
Transforming local government reporting using standardized structured data formats like XBRL will benefit all stakeholders.
Making Government Documents Searchable and Machine-Readable to Improve Transparency and Accountability
This update aims to explain why this issue is important to citizens and governments, how it can promote fiscally-sustainable government, and describes a recent technology showcase we arranged to show how machine-readable CAFRs might be prepared and submitted.
21/08/2018
If you're looking for a solution for your Inline requirements, don't settle for short term, template-based solutions. Contact us to learn more about our CIPC-recognised products and services. Get peace of mind.
05/01/2018
We partied and had a great singing (antakshari) contest as well. The girls won handily.
16/12/2017
Thomson-Reuters report (registration required to download) on the impact of , , and
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