Maryland’s senators earn praise for DATA Act passage

Posted By: Bill Sheridan on April 21, 2014 in Legislative / Regulatory&XBRL
With the DATA Act approved by the U.S. Senate and on its way to the House, it’s time to hand out some well-deserved thanks to some folks who helped move the groundbreaking legislation forward. I’m talking about Maryland’s U.S. senators, Democrats Ben Cardin and Barbara Mikulski, whose support has been instrumental to the data transparency movement in Washington. “We wish to thank senators Cardin and Mikulski for their leadership in advancing the DATA Act,” said MACPA...

Want people to be nice? Be nice first.

Posted By: Bill Sheridan on April 18, 2014 in Uncategorized
It was raining in New York. LaGuardia was mobbed, and one look at the “big board” told the story: Nearly every departing flight was delayed, and not just by a few minutes. We’re talking two-, maybe three-hour delays, the kind that make people really, really grumpy. Except almost no one was grumpy. They were sharing tables and chairs at the terminal’s lone, overcrowded bar. Air-travel veterans were plugging in multi-outlet chargers and making new friends of the strangers who...

Our DNA doesn’t want us to change. Time for some genetic engineering.

We’ve spent a lot of time over the years asking how to battle change and complexity. Turns out we’ve had the answer all along. All we have to do is be ourselves. In his terrific new book You Are Now Less Dumb, David McRaney says humans are genetically hardwired “to be optimistic in the face of futility.” It keeps us from giving up when we encounter hardships. When the chips are down, McRaney says we are programmed to see the silver lining. It’s all...

Senate OKs data transparency legislation

Our dream of transparent federal spending data and government accountability is a step closer to reality. The U.S. Senate has unanimously passed the Digital Accountability and Transparency Act, or DATA Act. Nearly three years in the making, the legislation would standardize the ways in which federal spending information is reported and call for the creation of a searchable online database that would let all Americans see how the government is spending their money. The bill next moves to the House...

Happy birthday, Maryland CPAs!

Posted By: Tom Hood on April 10, 2014 in Accounting & Auditing&Legislative / Regulatory
"From then on, they are no longer isolated men, but a power one sees from afar, whose actions serve as an example; a power that speaks, and to which one listens." - Alexis de Tocqueville - Democracy in America  It was the beginning of a new century and Maryland was a key player in the transformation of the U.S. economy from one based on agriculture to the new industrial age. The steel, tanning, clothing, and tobacco industries were being established as new technologies like steam engines,...

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