The Bill to amend India's Prevention of Corruption Act has flaws that may make prosecuting many types of corruption a lot more challenging that it already is.
Daily Archives: August 4, 2014
The International Aid Transparency Initiative (IATI) was formed out of a meeting on aid effectiveness held at Accra in 2009.In it, the donors agreed to public information regularly on funding, associated conditionalities and 3-5 year projection of funding. The reports are hosted by the donors in structured XML files in their own websites with a link to the IATI registry at http://www.iatiregistry.org/. I did a quick review of the information on the registry. The database allowed me to filter files by organization, country and an assortment of other criteria. Most of the data was provided at the aggregate level on the total funds allotted to […]
The accidental NGO and USAID transparency test: Till Bruckner writes about his effort to get information on project budgets for USAID funded NGOs in Georgia. Here is his note on the experience: The documents are disappointingly full of blacked-out non-information. The level of disclosure varies drastically from one document to the next. Some budgets are provided in full, while others appear as blacked-out row upon row. In three cases, USAID even withheld the identity of the contractor itself. USAID explained this inconsistency saying that it was legally required to contact each grantee to give it “the opportunity to address how […]
Global Reporting Initiative has created a framework for corporations to report information on the economic, social and environmental impact of their day-to-day activities. GRI provides standards of reporting and thousands of companies are producing ‘sustainability reports’ on the basis of their guidelines.
Extractive Industries Transparency Initiative is a multilateral, multi-stakeholder initiative to bring more transparency into extractive industries such as oil, mining and gas. The initiative recognizes that natural resources belong to people and the public revenue raised from them should reach the people. The focus of the initiative has been on ensuring that companies disclose tax payments and governments do the same in terms of taxes they receive from companies.
XBRL stands for eXtensible Business Reporting Language. It is a set of standards for reporting financial and business information in a way that machines can read the reports, compare and analyze them easily. It presents a set of standardized vocabulary so that similar information can be presented using similar language by different companies. Recognizing that one standard set of concepts may not cover every possible situation, the system allows national regulators and even individual companies to create terms that are useful for their unique situations (this ability to eXtend the vocabulary is represented “X” of XBRL). A short video introducing […]