What is Going on With the Financial Data Transparency Act
Date: Tuesday, November 25, 2025
Instructor: Eric S. Berman
Begin Time: |
11:00am Pacific Time 12:00pm Mountain Time 1:00pm Central Time 2:00pm Eastern Time |
CPE Credit: |
2 hours for CPAs |
|
The federal Financial Data Transparency Act was passed overwhelmingly by Congress in 2022. Rulemaking began in 2024. Even though it stalled in early 2025, it may start again soon. Hear the latest on FDTA and how to prepare for implementing FDTA.
Who Should Attend
Preparers, auditors, consultants, perhaps technical personnel and legal personnel.
Topics Covered
- Compliance with laws and regulations
- Governmental financial reporting
Learning Objectives
- Understand how the federal Financial Data Transparency Act (FDTA) is supposed to enhance transparency
- Understand what is in the FDTA
- Realize the best practices in preparing Annual Financial Reports or Annual Comprehensive Financial Reports to ease compliance with FDTA
- Identify the potential role of auditors and / or consultants and FDTA
- Prepare a timeline for implementation
Level
Overview
Instructional Method
Group: Internet-based
NASBA Field of Study
Accounting (Governmental) (2 hours)
Program Prerequisites
None
Advance Preparation
None