DATA Act - Transparency in Federal Financials Project
"We might hope to see the finances of the Union as clear and intelligible as a merchant's books, so that every member of Congress and every man of any mind in the Union shall be able to comprehend them, to investigate abuses, and consequently, to control them.”
- President Jefferson to Treasury Secretary Albert Gallatin in 1802
The DATA Act requires a degree of data management that does not exist in all organizations today to be of most value to the government. Departments attain most value from the DATA Act by going beyond just reporting the data and into leveraging this as a new management capability to optimize their internal data management and business intelligence processes. The ACT-IAC project will seek input from the law's lead agencies, Treasury and OMB, and also other agencies as they implement guidance. The project follows the progress of the law from the pilot phase through practical/production implementation, providing useful information for industry and government managers to consider as they assess their readiness and develop their strategies to meet the new requirements.
The first phase of the DATA Act project was the delivery of a series of four panels in Summer 2014. Panel sessions will continue through the law’s implementation as new milestones are met such as case studies from the pilots or as the Government meets milestones in the law like when the standards are released. The law’s implementation is iterative, so communication is the key to success. IAC will serve as a mechanism to communicate to industry service providers and government project officials responsible for implementing DATA Act requirements. You may click on the links below to replay the panels. The next phase of the project was kicked off on January 20th, 2015. This phase includes a series of events including webcasts, panels, training forums and conference sessions.
In additional to collaborating with Government, the project team coordinates efforts with other key stakeholders in the community including the Association for Government Accountants, Center for Effective Government and the Data Transparency Coalition. AGA maintains a DATA Act Information Hub.
ACT-IAC Members are also frequent contributors on the Federal Spending Transparency website as well as the OpenBeta.USASpending.gov website. These are government-sponsored websites designed to foster an open and collaborative dialog of Transparency in Federal Financials.
OMB has designed HHS as the Executing Agent for Section 5 pilots. Reporting and DATA Act Dialog seeks public input. The DATA Act Section 5 Pilot provides more detail.
September 2014 - Data Transparency 2014 September 30, 2014 Lightning Talk - Perspectives on the DATA Act
May 2015, Management of Change Conference - DATA Act Think Tank - Outcomes and Lessons Learned Report
June 10, 2015, Strategic Partner at the Data Transparency Coalition DATA Act Summit
July 29, 2015, ACT-IAC DATA Act Forum - with DATAthon July 27-28 and the Data Zoo!
October 25-27, 2015, Executive Leadership Conference, DATA Act Challenge Zone
Executive Reports and Papers
February 2015 - Setting the Standard - Developing the Framework for DATA Act Implementation
June 2015 - Transparency Enabling Transformation: The Benefits to Agencies through Implementation of the DATA Act
June 2015 - Developing a DATA Act Implementation Plan
July 2015 - Unique Entity Identifiers and the Global LEI
July 2015 - Management of Change DATA Act Think Tank Outcomes and Lessons Learned Report
August 2015 - The DATA Act - IT Infrastructure Guidance
September 2015 - Data Quality: Letting Data Speak for Itself within the Enterprise Data Strategy
DATA Act Project LinkedIn Subgroup (open membership)
Group Project Deliverables
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