Abstract
Constituent demands for improved transparency in governmental reporting have increased since the 2008 financial crisis in the U.S. that impacted the financial well-being of many individuals and entities, including state and local municipalities. Since then, several governmental entities have provided an open data environment. However, these early initiatives do not incorporate robust analytic capabilities that are able to satisfy numerous and varied constituent inquiries. This research proposes development of the ENHanced ANalytic Constituent Environment (ENHANCE) framework in response to the analytic nature of the inquiries from various governmental stakeholders such as citizens, analysts, bond investors, creditors, vendors, auditors, and oversight officials. The ENHANCE framework bridges the gap between constituents’ current analytic capabilities and their demands for increased transparency. This research contributes to the literature by highlighting the capabilities of the proposed ENHANCE tool and the underlying series of analytic "apps" that can provide meaningful information to a governmental entity’s stakeholders.
Original language | English |
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Pages (from-to) | 155-167 |
Number of pages | 13 |
Journal | Journal of Emerging Technologies in Accounting |
Volume | 15 |
Issue number | 1 |
DOIs | |
State | Published - 1 Mar 2018 |
Keywords
- Data analytics
- Governmental data
- Open governmental reporting