transparency

Stephanie Leiser, XBRL US: "Making government financial data open and accessible to all is the right thing to do, and it is long overdue. Financial transparency is absolutely essential to maintaining trust between governments and the public. Equally...

Increasing transparency in how local government works got a boost when the U.S. Congress passed the Financial Data Transparency Act (FDTA) on December 15, 2022. The act requires the Securities and Exchange Commission to adopt data standards related...

Federal legislation requiring machine-readable reporting has its critics, but it would go a long way toward modernizing how data is collected, used and shared. It also could lower borrowing costs for states and...

The municipal market is rattled by legislation pending before the Senate that would require governments to standardize their financial reports, with opponents warning it would be onerous and costly and ultimately could shrink tax-exempt...

In 2002, three academic researchers proposed applying eXtensible Business Reporting Language (XBRL) to state and local government financial reporting to make municipal data more digestible and publicly available. Now 20 years later, the University...

XBRL US, a nonprofit standards organization, and the Center for Local, State, and Urban Policy (CLOSUP) at University of Michigan’s Gerald R. Ford School of Public Policy, announced the publication of digital financial data standards for local...

XBRL US, a nonprofit standards organization, and the Center for Local, State, and Urban Policy (CLOSUP) at University of Michigan’s Gerald R. Ford School of Public Policy, announced the publication of digital financial data standards for local...

News outlets are applauding Tom Ivacko and the Center for Local, State, and Urban Policy's announcement about a project with the city of Flint that will examine whether a new fiscal reporting mechanism can help create transparency in local fiscal...

Researchers at the University of Michigan on Wednesday announced plans to help Flint, Michigan, develop new open-data standards to improve the city’s financial...

John Chamberlin, Ford School professor emeritus of public policy and political science, says a recent controversy in Lansing calls out the need for increased transparency when it comes to lawmakers. A Michigan state representative is proposing a law...

By Rebecca Cohen (MPP '09)Americans’ trust in government institutions to “do the right thing” has steadily eroded since the late 1960s,1 correlated for many analysts with events such as the Vietnam War, Watergate, the ’70s oil embargo, and President...