IRIS Business Services LLC is the fully owned subsidiary of IRIS Business Services Ltd. IRIS Business Services Ltd (NSE, BSE: IRIS) is a leading regulatory compliance solutions provider with a global footprint in over 50 countries. Headquartered in Mumbai, India, with subsidiaries in the United States, Singapore, and Italy, IRIS has been the most trusted […more]
Government agency representatives, municipal analysts and investors, software providers, and other users of state and local government data are invited to review and comment on the data standards developed to represent Fire, Hospital, Metropolitan and School Districts for the State of Colorado. The Special District Taxonomies are part of the Annual Comprehensive Financial Report (ACFR) […more]
The 2022 GRIP Taxonomy is a collection of taxonomies for state and municipal reporting. It includes published versions of the Annual Comprehensive Financial Reporting Taxonomy that incorporates a Michigan-specific extension taxonomy, as well as the latest versions of the Grants Reporting Taxonomy and the Single Audit Taxonomy. This resource was developed by the State and Local Government Working Group.
For fiscal years ending on or after September 1, 2022, local governments are to report financial data required by Section 218.32, Florida Statutes using extensible business reporting language (XBRL).
The Financial Data Transparency Act (FDTA) calls for disclosures from municipal bond issuers to be made available to investors and other data users in machine-readable, structured format. Join this 60-minute discussion with municipal bond investors for their views on what data they use, what kind of issuers they follow, and how access to digitized municipal […more]
Are data standard requirements for municipal bond issuers as outlined in the FDTA just a “solution in search of a problem”? Hear from government entities and data users about how they analyze government financial data today. Learn about their wish list on how to improve the usefulness of data used for peer analysis and policy […more]
Attend this single-day forum to learn about progress toward the implementation goals and progress to date of the Federal Data Transparency Act and the Grants Reporting Efficiency and Transparency (GREAT) Act.
The U.S. Congress passed legislation on December 15, 2022 that includes requirements for the Securities and Exchange Commission to adopt data standards related to municipal securities. The Financial Data Transparency Act (FDTA) aims to improve transparency in government reporting, while minimizing disruptive changes and requiring no new disclosures. The University of Michigan’s Center for Local […more]
XBRL US commented on the Municipal Securities Rulemaking Board (MSRB) Request for Comment on Draft Amendments to MSRB Rule G-32 to Streamline the Deadlines for Submitting Information on Form G-32. The XBRL US letter encouraged the MSRB to consider allowing municipal securities bond issuers to optionally submit their continuing disclosure documents which include event-based and […more]
Michigan Governor Whitmer signed off on House Bill No. 5783 which includes appropriations for fiscal years 2022 and 2023. The bill includes funding for Michigan State Treasury to work in partnership with a public university located in Michigan to develop an IT strategy focusing on machine-readable financial disclosures for local units of government, and that […more]
The national consortium for
the business reporting standard
