It’s the time of year when predictions are being made for the top technology trends for the new year – 2023. We have assembled a number of them for this article.
They show considerable diversity, in part because of the differing perspectives of the organizations making the predictions. However, there is also some unanimity. Some ideas stand out.
In December 2022, a watershed moment took place for regulatory filings and, indeed, financial reporting when the US Senate passed the Financial Data Transparency Act (FDTA).
The act was passed by the House of Representatives in November 2021. It calls for the eight major US financial regulatory agencies to adopt and apply data standards which render their data fully machine-readable and searchable – meaning, as a practical matter, to adopt XBRL. This act will result in enhanced transparency, comparability, and usability of the data collected by the regulators.
2023 could be an exciting year for technology innovation. IndustryWired has issued its predictions, a summary of which follows:
Chartered Professional Accountants of Canada (CPA Canada), one of the largest national accounting organizations in the world, has chosen to become a founding partner of ThinkTwenty20.
