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.
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.
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U-M helps launch review of government financial data standards umich.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from umich.edu Daily Mail and Mail on Sunday newspapers.