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Search Tags: Joe Kull
Joe Kull, a director in PricewaterhouseCoopers' Washington Federal Practice and former deputy comptroller for federal financial management in the Office of Management and Budget, and Thad Juszczak, a director at Grant Thornton and former federal budget official, shared their perspectives on sequestration planning on the Federal Drive with Tom Temin and Emily Kopp.
The Office of Management and Budget decided FSIO met its goals of creating business process and data standards for the Financial Management Line of Business, and finished its last update of the Core Financial Systems Requirements and therefore is no longer needed.
Officials in the federal financial management community are continuing to watch for progress in the adoption of XBRL -- Extensible Business Reporting Language -- in financial management systems in the government. XBRL allows for the management and presentation of large "datasets" of financial and economic data on the World Wide Web.
All federal agencies may have to file their business activities in XBRL. Okay, what's XRBL and why they change? The Federal Drive asks the Association of Government Accountants for details.
A government accounting industry group spearheads development of a breakthrough in converting audit records from one proprietary format to another making the data searchable and easier to analyze. The new technique will make it possible for databases of information previously untouchable by contemporary software techniques to be mined and analyzed for new information on federal government grant spending.
There were high hopes that Recovery.gov, the Web site for the American Recovery and Reinvestment Act of 2009, would serve as a model for the latest use of XBRL. We ask Joe Kull, who is with the Washington Federal Practice of PricewaterhouseCoopers, for a brief layman's explanation of XBRL.