By 2025, the Winklevoss twins, more known for their legal battles with former classmate Mark Zuckerberg over Facebook, predicts a “cashless society” will dominate with the virtual currency bitcoin.
The Future of Scholarly Communications in Economics can be discussed in Hamburg at the end of the month. The event is chaired by Mark McCabe, from Boston University and University of Michigan, and organized by Economics: The Open-Access, Open-Assessment E-Journal.
The Financial Accounting Standards Board (FASB) recently released the proposed 2015 GAAP Financial Reporting Taxonomy for public review and comment. The deadline to submit written comments is October 31, 2014.
Many are concerned about the financial burden that the ICD-10 implementation might create for healthcare providers. However, there are some ways the physicians can improve the clinical documentation and therefore the coding reimbursements. Being creatures of habit, they have tended to rely on memorized codes. If the reliance on memorization is minimized, reimbursements can improve. There are more anatomic specific codes in the new system, and that makes memorization even more difficult.
The European accounting body plans to increase efforts to improve electronic scanning of company reports. This comes after criticism from the United States. We found this interesting news on London South East in their article, “Accounting body to improve machine reading of filings.”
PR Newswire brought this information to our attention in their article, “XBRL Challenge Webinar Series to Feature XBRL Data Management (12/8/11) and Investor Analysis (12/16/11).”
CompSci Resources, LLC is making available to the public its XBRL taxonomy search tool in order to assist issuers and mutual funds generate their XBRL submissions to the U.S. Securities and Exchange Commission.
Insight2Infinity and Compliance Xpressware has formed a strategic partnership where the two companies will maintain an ongoing business relationship enabling Insight2Infinity’s customers to meet SEC's HTML/XBRL compliance requirements.