The American Institute of CPAs has expressed its support for the Digital Accountability and Transparency Act, which would establish government-wide financial data standards for federal funds.
The AICPA commended the sponsors of the bill for including a requirement for the use of a data standard like Extensible Business Reporting Language, or XBRL, to tag financial data.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access