The Case for an Open Data CAFR

Authors: Jim Harper, Dean Ritz

Length: 32 pages

Key takeaways: 
  • A movement toward open data in corporate and federal financial reporting has laid the groundwork for transparent state and local financial reporting
  • Open financial data in Comprehensive Annual Financial Reports (CAFRs) can be more easily searched, sorted, and analyzed by the public
  • The leading candidates for data encoding language are XBRL (eXtensible Business Reporting Language) and Inline XBRL
case for open data cafr