Financial Reporting Idea
Eliminate multiple federal payment systems. Financial reporting is unnecessarily complex due to variations across Federal agency systems.
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Eliminate multiple federal payment systems. Financial reporting is unnecessarily complex due to variations across Federal agency systems.
Review existing agency financial reporting regulations to eliminate intra and interagency redundancy.
Comment from June 10 Data Act Summit breakout session on Recipient Reporting:
As a Federal Award recipient , I would like the ability to submit a single financial report to single place that would be used each agency for its own purposes.
Section 5 of the DATA Act of 2014 requires the Office of Management and Budget (OMB) to establish a pilot program to test whether standardizing the data elements used in recipient reporting can reduce the burden that grantees and contractors experience in reporting on the federal funds that they receive and spend. In this fiscal year, federal agencies have awarded $540 billion in grants and $297 billion in contracts. ...more »
Comment from June 10 Data Act Summit breakout session on Recipient Reporting:
As a Federal Award recipient, I want to see more pre-populated forms and drop-down options to minimize the burden of completing reporting.
Comment from June 10 Data Act Summit breakout session on Recipient Reporting:
As a Federal Award recipient, I want to easily correct errors I find in government data systems. I want to be able to alert the contracting office, for them to quickly make a correction, for this process to be seamless.
Comment from June 10 Data Act Summit breakout session on Recipient Reporting: As a Federal Award recipient, I want transactional data reporting to be a more efficient method than a weekly form. There’s a need to minimize weekly re-entry of the same information that was submitted previously. Also the government already has a lot of this information, so the recipient should only be required to report what the government ...more »
Consider an effort to have PUBLIC LAW 96-511—DEC. 11, 1980 (Paper Reduction Act) updated or encourage a new public law so as to change the focus to reducing administrative burden (i.e. creation of a “Administrative Burden Reduction Act”). The goal would be to (1) engage the research community on an ongoing basis to create efficiencies, (2) encompass a risk analysis for all types of administrative activities to match ...more »
Government understandably wants to data-mine progress reports. The loss of Fastlane reporting, with its PDF structure, in exchange for plain text/fillable fields in Research.gov, is an example of this. However, the reporting format in Research.gov is ridiculously time-consuming. It has generated an extreme, labor-intensive, administrative burden. Not one Principle Investigator I know wants anything to do with Research.gov, ...more »