The True Financial Condition of Illinois and Chicago

February 6, 2025

Join Truth in Accounting founder & CEO Sheila Weinberg for a discussion on the true financial condition of Illinois and Chicago. Sheila will present to graduate students at the Keeley Center Academy at DePaul University, Chicago, IL.

When: Thursday, February 6, 2025 from 6:00-8:00 p.m. ET

The Financial State of the States: Insights from Truth in Accounting CEO Sheila Weinberg

February 5, 2025

Join Sheila Weinberg, founder and CEO of Truth in Accounting, for an in-depth webinar exploring the fiscal health of U.S. states. Sheila will reveal the latest findings from her organization’s comprehensive analysis of state financial reports, highlighting the true costs of unfunded liabilities, budgetary imbalances, and the impact of misleading accounting practices on taxpayers. 

Discover which states are thriving, which are struggling, and what these trends mean for policymakers, financial professionals, and citizens alike. This session is essential for anyone seeking to understand the critical role of transparent accounting in securing the financial future of our states. 

When: Wednesday, February 5, 2025 at 1:00 PM ET

Register here.

Truth in Government and Truth in Accounting Host Virtual USA Citizens-Heroes Conference to Unveil the Real Level of U.S. Financial Liabilities

January 9, 2025

The Citizens-Hero Conference will tackle a topic central to government accountability and our nation’s financial future in a transparent, non-partisan way. Through our experts, we will make the case that the US federal government willfully withholds relevant financial information from its citizens through the accounting and financial reporting standards they create and follow. These flawed standards have led to unsustainable debt while leaving the electorate uninformed when casting votes. This conference is hosted by Truth in Government and co-sponsored by Truth in Accounting. 

Watch a recording of the webinar below. 

 

Upcoming XBRL Events in 2024

December 31, 2024

See a list of all upcoming XBRL events for the remainder of 2024

Digital Reporting for Measurable Results: Climate, Corporate, Government

November 14, 2024

Demand for transparent, digital data has never been greater, driven by global climate reporting mandates and U.S. regulatory requirements introduced by the Financial Data Transparency Act (FDTA) — all calling for machine-readable (digital) data standards. The standardization and modernization of data collected to assess climate risk and understand business and government impact is of critical importance to the functioning of a modern economy.  With increases in geopolitical, environmental, market, liquidity, counterparty, climate and political risk, the need for timely and comprehensive information is essential to navigate these risks.

Join Christine Kuglin, director of the Truth in Accounting project at the University of Denver, to learn more about the Financial Data Transparency Act at this one-day conference presented by XBRL US. 

Register here for 25% off.

Midwestern Intergovernmental Audit Forum: Restoring and Sustaining Public Trust

November 13, 2024

Christine Kuglin, director of the Truth in Accounting project at the University of Denver, will present at the Midwestern Intergovernmental Audit Forum (MIAF). This is a free webinar with 7 CPE credits available. 

2024 American Accounting Association Annual Meeting

August 10, 2024

Christine Kuglin, director of the Truth in Accounting project at the University of Denver, and Bill Shaw, Assistant Professor of Professional Accounting at EWU, will present a paper that explores the true U.S. debt.

 

GovFin 2024: Municipal Reporting Workshop

July 29, 2024

Christine Kuglin, Director of the TIA project at DU, will moderate a break-out session titled Government Data Reporting Standards. Speaker: Paulina Haro, Senior Project Manager, Governmental Accounting Standards Board (GASB). The Governmental Accounting Standards Board (GASB) sets accounting standards for states and local governments. GASB is developing a GAAP taxonomy to assist in the implementation of electronic financial reporting for governments. Attend this session to learn about the unique challenges in developing standards for the municipal marketplace to support GAAP financial reporting including government wide financial statements, combining schedules, notes to financial statements (disclosures), required supplementary information. Additional discussions are planned about handling different types of governments, the need for entity specific information, as well as changes in accounting standards over time. Conference seating is limited register here.

The Municipal Finance Conference presented by Brookings

July 17, 2024

Christine Kuglin, Director of the TIA project at DU, will moderate a break-out session with Joel Black, President of the Governmental Accounting Standards Boards. This session will provide an overview of the current projects, research, and activities of the Governmental Accounting Standards Board (GASB) with focus areas being (1) current projects on infrastructure assets and going concern uncertainty/severe financial stress, (2) monitoring of the impact of technology on governmental financial reporting, (3) early stages of the GASB’s work on a financial statement taxonomy, and (4) the GASB’s post-implementation review process. Included in this session will be a discussion on how the academic community can engage with the GASB and its current activities.

Association of Government Accountants Professional Development Training 2024

July 14, 2024

Christine Kuglin, Director of the TIA Project at the University of Denver, is the hostess of this conference and serves as President of the Western Region of the AGA.

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