Actions and Detail Panel
DATA Act Training
Thu, June 8, 2017, 10:00 AM – 4:00 PM EDT
The Digital Accountability and Transparency Act (DATA Act) of 2014 is the nation’s first open data law and is the largest transformation for federal management, spending oversight, and award reporting since the CFO Act of 1990. The DATA Act sets the government on an aggressive schedule to accomplish two basic tasks: first, apply standard data elements and a government-wide data format to all federal spending information and, second, publish all spending information as a unified open data set.
Since the Act was signed into law, the U.S. Department of the Treasury and the White House Office of Budget and Management have overseen the implementation and adoption of standard data elements and a government-wide format for all federal spending information. By May 2017, 24 federal agencies are set to publish standardized spending data sets, allowing for greater federal financial transparency.
During this all-day Training Session, attendees will hear the history of the DATA Act, the intent of the mandate, and associated opportunities resulting from DATA Act standards. Following this introduction to the DATA Act, attendees will learn how federal agencies have standardized data, how data are used across agencies and in the private sector, what challenges shared services and financial management services have encountered, how financial transparency changes government, and how the framework of the DATA Act will continue to transform the nature of spending reporting methods.