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21.15. The core methodology is an XBRL taxonomy that defines all the data items that the relevant agencies require from businesses. An essential step in developing the taxonomy is harmonizing the data items collected by different government agencies. If two agencies require the same definition of a data item, it is given the same name. If the different agencies establish that they need different definitions, then they are specified with different names. That harmonization process not only simplifies reporting by businesses by standardizing definitions, it also assists with the integration of statistics, ensuring that different collection agencies have coherent data definitions.
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Country experience: Germany: statistics reporting portal
Country experience: United States (Chapter 21)
Next: C. Use of information and communications technology at data compilation and dissemination stages