Machine-readable financial reports get a look in Michigan
The University of Michigan is studying the use of XBRL technology for local government financial reports with the state Department of Treasury set to act next.
Source: bondbuyer.com
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U-M part of consortium launching review of government financial data standards
Governments, standard setters, regulators and analysts encouraged to provide input A pilot project involving the University of Michigan and others is exploring whether a new fiscal reporting mechanism for governmental entities can help create transparency—and prevent future financial crises. T
Source: umich.edu