April 20, 2023 United States Financial Stability - Accounting’s Reign of Power, Past, Present, and Future Watch the compelling conversation that took place on April 20 with Sheila as she spoke with: Marc Joffe, Policy Analyst at the Cato Institute and a member of the XBRL Standard Government Reporting Working Group. Jacob Soll, professor of history and accounting at the University of Southern California and author of The Reckoning, how financial and political accountability has shaped the rise and fall of nations and empires. Their conversation started with the results of Truth in Accounting’s latest research report, the Financial State of the Union, analyzing how the current lack of transparency and accountability has contributed to massive, unsustainable debt and how the Financial Data Transparency Act and the implementation of XBRL is a crucial first step in a solution. ____________________________________________________________________________________________________________________ March 17, 2023 Director of the TIA project at Denver University, Christine Kuglin, presented for the American Accounting Association's Webinar Series on Accounting Research and Education We are pleased to announce this is being offered – with free CPE – as an exclusive benefit to AAA Members. ____________________________________________________________________________________________________________________ November 10, 2023 Truth in Accounting Director, Christine Kuglin, DU Graduate Tax Program Ethics Panel CLE Panel: 3 p.m. at Sturm College of Law Room 290 2255 East Evans Avenue
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October 25, 2022 Official Launch of the Truth in Accounting Project at the University of Denver
Join alumna Sheila A. Weinberg (BSBA 1979), Andrew G. Biggs, Senior Fellow at the American Enterprise Institute, and moderator, Christine Kuglin, Director of the Truth in Accounting Project at the University of Denver's School of Accountancy, as they dive into the government's financial issues and explore if elected officials are the best ones to manage government pension funds and social security.
Are Government Officials the Best Ones to Manage Pension Funds & Social Security? What are the Biggest Issues Facing Government Finances?
These and other questions were discussed and you can watch the full recording here.
RSVP HERE for in-person RSVP HERE for the live-stream option
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Truth in Accounting will be celebrating its new partnership with the University of Denver School of Accountancy with an insightful panel discussion between Sheila Weinberg and Andrew Biggs. The celebration will include great food from Sodexo catering, libations, and the release of our 2022 Financial State of the States report.
Mr. Biggs will join Sheila Weinberg at the University of Denver launch event for an exciting conversation on government finances and his experience helping Puerto Rico restructure their debt. Could some states use help with debt restructuring? What reforms are needed? This and so much more with Q&A time with the audience.
Andrew G. Biggs is a senior fellow at the American Enterprise Institute (AEI), where he studies Social Security reform, state and local government pensions, and public sector pay and benefits.
Before joining AEI, Biggs was the principal deputy commissioner of the Social Security Administration (SSA), where he oversaw SSA’s policy research efforts. In 2005, as an associate director of the White House National Economic Council, he worked on Social Security reform. In 2001, he joined the staff of the President’s Commission to Strengthen Social Security. Biggs has been interviewed on radio and television as an expert on retirement issues and on public vs. private sector compensation. He has published widely in academic publications as well as in daily newspapers such as The New York Times, The Wall Street Journal, and The Washington Post. He has also testified before Congress on numerous occasions. In 2013, the Society of Actuaries appointed Biggs co-vice chair of a blue ribbon panel tasked with analyzing the causes of underfunding in public pension plans and how governments can securely fund plans in the future. In 2014, Institutional Investor Magazine named him one of the 40 most influential people in the retirement world. In 2016, he was appointed by President Obama to be a member of the financial control board overseeing reforms to Puerto Rico’s budget and the restructuring of the island’s debts.
Biggs holds a bachelor’s degree from Queen’s University Belfast in Northern Ireland, master’s degrees from Cambridge University and the University of London, and a PhD from the London School of Economics.
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October 26 TIA Lunch Presentation in Colorado Springs
Sheila Weinberg, Founder & CEO of Truth in Accounting, will present to a group of supporters in Colorado Springs on the flaws in government accounting standards and practices found through our annual analysis of Colorado's comprehensive financial statement. She will also demonstrate the use of the TIA proprietary tool Data-Z. This tool will allow the participants to have a lifelong tool to research the facts behind the budgets and the truth behind the political rhetoric.
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November 10 TIA Panel Guest with the Graduate Tax program at DU Law School
Christine Kuglin, Director of the Truth in Accounting Project at the University of Colorado School of Accountancy was a panel guest for the Graduate Tax Program at DU Law School addressing ethics in accounting and tax.
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October 27 TIA Presentation to the Colorado CPA
Sheila Weinberg, Founder & CEO of Truth in Accounting, presented to the COCPA the flaws in government accounting standards and practices found through our annual analysis of Colorado's comprehensive financial statement. She also demonstrated the use of TIA's proprietary tool Data-Z. This tool allowed participants to have a lifelong tool available to research the facts behind the budgets and the truth behind the political rhetoric.
Christine Kuglin, Director of the Truth in Accounting Project at the University of Colorado School of Accountancy presented to the COCPA addressing:
The history of XBRL from 2008 to the present [XBRL is a reporting process & standard required by the SEC for publicly traded companies]
Demonstration of the classic version to the current inline version
Recent grants and legislation (proposed and in place) impacting governmental accounting
Annual Comprehensive Financial Reports - Colorado
How XBRL would facilitate data collection
TIA’s future with XBRL implementation
