Rising from the Ashes: FDTA and Voluntary Digital Financial Reporting

While we await the Securities and Exchange Commission (SEC) final rule around the Financial Data Transparency Act (FDTA), the likelihood of a standardized digital financial reporting framework for government financial information increases. The Governmental Accounting Standards Board (GASB) has been working with a consultative group of stakeholders to develop a digital taxonomy for GAAP financial statements.

This session will cover the latest updates from the SEC regarding FDTA, what it will mean for your government, and what you can do now to prepare for implementation of the voluntary framework. Speakers will also discuss the latest project work from the GASB related to digital reporting.