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Preparing for the Next Opportunity |
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New AICPA chairman says the CPA profession should seize opportunities created by emerging trends. Robert R. Harris takes a large view of the profession. He believes the economic crisis, global convergence of standards, a worldwide concern about the depletion of nonrenewable natural resources, and generational changes all present unprecedented opportunities for CPAs. |
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Toward a corporate actions solution |
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If you've ever worked in a brokerage firm, you know what a pain corporate actions can be. The shocking part is that they are still processed manually in many cases, with people scouring electronically fed releases and news items. The work is mind-numbing but problems easily crop up and touch many customers quickly. |
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India Carbon Outlook, India's First Carbon Focused Information Marketplace |
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cKinetics today announced the launch of India Carbon Outlook, as part of their impact commitment at the 5th Annual meeting of the Clinton Global Initiative (CGI). India Carbon Outlook is an independent information marketplace which leverages a data driven approach to track actions and impact related to the carbon footprint. |
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XBRL US Announces Public Review of US GAAP Elements for New FASB Pronouncements |
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New elements can be used to create XBRL-formatted financials today to meet the SEC mandate. XBRL US, the non-profit consortium for business reporting in XML, announced that it has published a set of over 200 new elements to reflect new FASB accounting standard changes issued since December 31, 2008. |
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XBRL consortium opens lab in the U.S. |
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XBRL US, the non-profit body that oversees the XBRL reporting standard in the U.S., is broadening its partnership with private and public sector partners by building a lab to make XBRL more interoperable with existing information systems.
XBRL is an XML-based standard to define and exchange business and financial performance information. It is governed by XBRL International, a not-for-profit consortium. The U.S. Securities and Exchange Commission mandated its use in December 2008 for 500 public companies.
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