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Governmental Accounting and Auditing Update Conference 2017


GAE1720 - DATA Act: First -Year Reporting


Aug 8, 2017 10:45am ‐ Aug 8, 2017 12:00pm

Standard: $49.00

Description

As a leader in Federal financial management, Ms. Ho has been spearheading the Federal government’s implementation of the Digital Accountability and Transparency Act (DATA Act). The DATA Act established a mandate for our government to make federal spending data more accessible, searchable, and reliable, in part, by standardizing and publishing granular information about federal spending – approximately $3.8 trillion annually or roughly 20% of GDP. In May of 2017, the federal government will begin aggregating and disseminating information about its spending lifecycle, connecting appropriations, awards and outlay information for the first time. These new connected data sets will provide the public, the media and oversight bodies with a necessary foundation for understanding how our government allocates and uses taxpayer dollars. Treasury will launch a brand new USAspending website incorporating the new and expanded data standards. As Treasury puts this new information infrastructure in place to enhance transparency about resource allocation and use, this session will to take a holistic view at what it will take to leverage that information to effectively assess performance and value creation across our economy. This session will also include a live demo of the new USAspending website.

Speaker(s):

  • Amy Edwards, Senior Advisor, Financial Advisor, U.S. Department of the Treasury
Tags: Federal

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