Data Transparency Breakfast: Data Innovations in Financial ManagementPwC and the Data Transparency Coalition hosted a breakfast on October 20 to provide an early look at how the DATA Act is bringing innovation to federal financial management.
Tuesday, October 20, 2015, 7:30am-9:00am
Washington DC 20006
When the DATA Act became law in May 2014, the U.S. federal executive branch embarked on a multi-year transformation of its spending data. The DATA Act establishes a government-wide spending data format for the first time. The law directs all agencies to compile and report their financial, budget, payment, and award information using that format by May 2017.
Federal agencies are beginning to test new ways to organize their spending information – previously siloed for separate reporting regimes – and match it to the new government-wide data standards. Early adopters such as the Small Business Administration are discovering that standardized spending data improves visibility, enables analytics, and automates previously-manual processes. The federal move to standardized financial management data mirrors a similar private-sector trend, in which large companies are adopting consistent data formats to speed reconciliation and strategic management across subsidiaries and business units.
PwC and the Data Transparency Coalition hosted a breakfast to provide an early look at how the DATA Act is bringing innovation to federal financial management.
Interview with Tim Gribben on the Small Business Administration’s DATA Act Platform
Speakers will be added as they are confirmed.
Hudson Hollister Executive Director, Data Transparency Coalition
|7:55 am||Panel Discussion
Tim Gribben, Deputy Chief Financial Officer,
Small Business Administration
Laurie Park, Deputy Assistant Secretary for Finance, Department of Veterans Affairs
Mark Reger, Deputy Controller, Office of Management and Budget
Joe Kull, PwC, former Deputy Controller, Office of Management and Budget
|8:55 am||Closing Thoughts and Adjournment|