10:00 AM ET Wednesday, April 24, 2019 (2 1/2 Hours)
XBRL US Meeting || District Offices, 1025 Connecticut Avenue NW || Watch / listen to event

Join the conversation at this free, half-day forum bringing together municipal and data standards experts.

Data standards improve the efficiency of regulatory disclosures by U.S. public companies and banks, but have not been implemented for state and local government reporting. This forum, featuring speakers from Americans for Financial Reform, the Do Good Institute, The Pew Charitable Trust, U.S. Census, the Office of Financial Research, U.S. Treasury, and more, will initiate a dialogue about how financial data standards can help states and municipalities improve the efficiency of reporting, reduce cost, and provide reporting entities with better data to set policy. Standardized data will give municipal securities analysts the tools to make better investment decisions and fund needed local government programs.

Presentations from the program:

Government representatives, municipal investors, tool and service providers in the public sector, should all attend.

Attendance is free but space is limited and registration is required. The forum will be followed by a meeting of the XBRL US State & Local Government Disclosure Modernization Working Group. 


Preliminary Agenda
9:30 – 10:00 AM Registration Check-in
10:00 – 10:10 AM Welcome & Introductions

Speaker: Campbell Pryde, President and CEO, XBRL US, Inc.

10:10 – 10:30 AM The Successful Effort to Open Up Non-Profit Data and its Implications for Government Data

Speaker: Nathan Dietz, PhD, Associate Research Scholar, Do Good Institute, University of Maryland School of Public Policy

10:30 – 10:50 AM U.S. Census Bureau on Collecting State & Local Financial Data: Challenges, Opportunities

Speaker: Stephen Owen, Public Sector Specialist, U.S. Census

10:50 – 11:10 AM Municipal Bond Market Regulation: Implications for Transparency

Speaker: Marcus Stanley, Policy Director, Americans for Financial Reform

11:10 – 11:30 AM Why is the Cost of Credit Higher for Municipalities? Could Standards Change the Paradigm? 

Speaker: Kimberly Cornaggia, Associate Professor of Finance, Penn State Smeal College of Business

11:30 – 11:50 AM Demonstration of Draft CAFR Taxonomy and Sample Inline XBRL CAFR

Speaker: Marc Joffe, Senior Policy Analyst, Reason Foundation

11:50 – 12:10 PM Data Standards and the Legal Entity Identifier: Impact on Governments

Speaker: Matthew P. Reed, Chief Counsel, Office of Financial Research, U.S. Treasury

12:10 – 12:30 PM How State Oversight Groups Use Government Data for Fiscal Health Analysis

Speaker: Adrienne Lu, Associate Manager, State and Local Fiscal Health, The Pew Charitable Trusts