﻿<?xml version="1.0" encoding="utf-8"?>
<etgov:EmergingTechnology xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:etgov="www.cio.gov/AIC/ETgov/">
  <etgov:ComponentDetails>
    <etgov:ComponentName>CFO-GET-XBRL</etgov:ComponentName>
    <etgov:XMLGenerationDate>2006-09-26</etgov:XMLGenerationDate>
    <etgov:ComponentType>Data</etgov:ComponentType>
    <etgov:ComponentDescription>The Chief Financial Officer's (CF0) Guide to Emerging Technology/XBRL (CFO-GET-XBRL) will provide information on the use of interactive XML tools to improve transparency in federal financial reporting.</etgov:ComponentDescription>
    <etgov:GovernmentBenefits>Use of XBRL will help federal financial managers ensure that financial data is delivered in timely, accurate, and useful fashion to enable managers to make decisions and monitor government performance everyday.  The guide will show how XBRL can be used at the governmental business unit, bureau component, departmental CFO, and Governmentwide.  It will facilitate introduction of XBRL into the CFO financial reporting process; agreement on standards for financial terms and business rules; exploration of the advantages XBRL open standard data sharing methods; development of Federal Financial Reporting Interactive Schema; demonstration of how existing guidance can easily be turned into an XBRL taxonomy basis for normalization, verification, and transparency of federal financial data; and exploration of options available for data verification, data presentation, rendering, and sharing.</etgov:GovernmentBenefits>
    <etgov:Categorizations>
      <etgov:Categorization etgov:categorizationScheme="FEA">
        <etgov:ServiceReferenceModelInformation>
          <etgov:ServiceType>Financial Management</etgov:ServiceType>
        </etgov:ServiceReferenceModelInformation>
        <etgov:TechnicalReferenceModelInformation>
          <etgov:ServiceArea>Component Framework</etgov:ServiceArea>
          <etgov:ServiceCategory>Data Management</etgov:ServiceCategory>
          <etgov:ServiceStandard>Reporting and Analysis</etgov:ServiceStandard>
          <etgov:ProposedSpecification>XBRL 2.1</etgov:ProposedSpecification>
        </etgov:TechnicalReferenceModelInformation>
        <etgov:TechnicalReferenceModelInformation>
          <etgov:ServiceArea>Component Framework</etgov:ServiceArea>
          <etgov:ServiceCategory>Data Management</etgov:ServiceCategory>
          <etgov:ServiceStandard>Reporting and Analysis</etgov:ServiceStandard>
          <etgov:ServiceSpecification>eXtensible Business Reporting Language (XBRL)</etgov:ServiceSpecification>
        </etgov:TechnicalReferenceModelInformation>
        <etgov:TechnicalReferenceModelInformation>
          <etgov:ServiceArea>Service Interface and Integration</etgov:ServiceArea>
          <etgov:ServiceCategory>Interoperability</etgov:ServiceCategory>
          <etgov:ServiceStandard>Data Format / Classification</etgov:ServiceStandard>
          <etgov:ServiceSpecification>eXtensible Markup Language (XML)</etgov:ServiceSpecification>
        </etgov:TechnicalReferenceModelInformation>
      </etgov:Categorization>
    </etgov:Categorizations>
  </etgov:ComponentDetails>
</etgov:EmergingTechnology>