6 Reasons that suggest why XBRL is THE next wave in Electronic Reporting. With XBRL fast becoming a global standard, this is the right time to understand why you should invest in XBRL.
The US SEC allows companies to extend the US GAAP Taxonomy to suit their data needs. ‘Extensions’, though providing data granularity , take away from standardization. Is there a way out?
Under the Foreign Account Tax Compliance Act (FATCA), the U.S Internal Revenue Services (IRS) mandates Foreign Financial Institutions (FFIs) to report all foreign financial accounts held by U.S. domestic taxpayers or else be liable to pay withholding penalties. Are You Ready?
The compliance officer of an enterprise is the pallbearer of the company when it comes to assessing and managing risk. Read how you can integrate Enterprise Risk Management into the organization’s DNA and move away from merely managing compliance.