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Audit ReportOIG20005
GULF COAST RESTORATIONDATA Act: Council Met DATA Act Reporting
Requirements, but Data Accuracy Could be
Improved October 30, 2019Office of Inspector GeneralDepartment of the TreasuryThis
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What is data act data act?
The DATA Act (Digital Accountability and Transparency Act) is a U.S. federal law that aims to make federal spending more transparent by requiring agencies to report their financial data in a standardized format.
Who is required to file data act data act?
Federal agencies and entities receiving federal funds are required to file data act data act reports.
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To fill out data act data act reports, agencies must use the standardized data elements and submit the required information to the Treasury Department.
What is the purpose of data act data act?
The purpose of data act data act is to increase transparency and accountability in federal spending by standardizing financial reporting.
What information must be reported on data act data act?
Information such as financial statement data, budgetary data, and award data must be reported on data act data act.
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