Posted on Tuesday, June 9, 2020

Most U.S. government data agencies today do not require data standards for information reported by businesses, grantees, or state and local governments. Agencies could easily transition to data standards programs, with gains for all stakeholders:

  • reporting entities would eliminate duplicate data preparation, and enjoy low costs from competitively priced preparation tools
  • government agencies would experience reduced cost of data collection and would not need to provide custom analytics to data users
  • data users would have access to more timely, machine-readable data and gain from reduced cost of analysis

Go to the infographic Better with Standards.



Upcoming XBRL US Events

Center for Data Quality Committee Meeting
Thursday, June 27, 2024

Get Ready for SEC Fee Based Filing Payments Modernization
Thursday, July 11, 2024

Domain Steering Committee Meeting
Tuesday, July 16, 2024

Communications & Services Steering Committee Meeting
Tuesday, July 16, 2024

GovFin 2024: Municipal Reporting Workshop
Tuesday, July 30, 2024

FERC: How Regulators Use Technology to Improve Efficiency
Wednesday, September 11, 2024