From Paper to the Cloud: The Power of New Technology

An old, veteran salesman used to tell me stories about the good ol’ days of enterprise technology sales from back in the late 1970’s.

He spoke of the fierce competition that existed between his company and a few others--all of which would one day become multi-billion dollar global giants. He described how in those days, before computers were commonly used in the workplace, everyone used to track their sales prospects data on paper or on white boards.

A Future of Data Transparency

Imagine if all public government information were to become transformed into standardized, open data? The Data Coalition not only envisions this, they are the world’s only trade association that is completely dedicated to making this happen. Their sister organization, the Data Foundation, seeks to define an open future for our data for a better government and society through research, education, and programming.

FASB Nears the Finish Line on Materiality

The Financial Accounting Standards Board (FASB) has been working through a project on materiality for the past year-and-a-half, because up to now, there has been no explicit U.S. GAAP accounting standard for the accounting of government assistance.

Materiality is integral to Topic 832, Accounting Standards Update, Government Assistance in terms of defining a threshold for which government incentives will ultimately have to be disclosed.