Report 2017-006-AOIG - PERFORMANCE AUDIT OF THE COMPLIANCE WITH THE FINANCIAL AND AWARD DATA SUBMISSIONS FOR THE SECOND QUARTER FY 2017

The DATA Act, in part, requires Federal agencies to report financial and award data in accordance with the established Government-wide financial data standards. In May 2015, the Office of Management and Budget (OMB) and Treasury published 57 data definition standards and required Federal agencies to report financial data in accordance with these standards for DATA Act reporting, beginning January 2017. Once submitted, the data will be displayed on USASpending.gov for taxpayers and policy makers.