On May 8, U.S. Treasury and the Office of Management and Budget (OMB) held a conference call to update agencies and other interested parties on DATA Act progress. During the call they discussed the public review of data elements and the pilot program that are ongoing. They also announced the publication of a DATA Act “playbook” to help agencies get started and referenced a blog post written by David Mader, Controller of the Office of Federal Financial Management at OMB and David Lebryk, Fiscal Assistant Secretary at Treasury in which they reference XBRL:
In addition to data standards, we have been testing new formats for exchanging data across the Federal Government. In particular, Treasury’s pilots have demonstrated how we can digitally tag award data through the eXtensible Business Reporting Language (XBRL) format. This process is called the DATA Act Schema and it has been released online and will continue to be refined with public input.
Read the blog for more information and for links to the agency playbook and other materials.
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