The ActiveDisclosure blog

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Regulating the Regulators: XBRL for Uncle Sam?

Have you spent countless hours applying XBRL to your financial statements in an effort to comply with the SEC’s Mandate on Interactive Data? What if the U.S. government were asked to apply a similar concept to federal spending, requiring the Department of Defense, the Department of Labor, and the Department of Education to apply standard machine-readable tags to what’s being spent on government contracts, loans, grants, and leases? [More]