US has formed a workgroup to help develop a taxonomy for the eventual reporting of state and local government financial reports in XBRL format. Its website is xbrl.us/home/government/state-and-local-government/. Very few governments have actually attempted implementing XBRL reporting using the taxonomy being developed by XBRL.US. However, one county that has converted its financial reports to an XBRL reporting format is Will County, Illinois (www.willcountyauditor.com/open-gov-center). At least three years of financial reports have been provided by the Will County Auditor’s Office. You will need to access the XBRL.US website and the Will County Auditor’s website for its Open Government Center to complete this case. Use the most recent Will County XBRL CAFR report to answer the following questions.

Required

a. What problem is the XBRL.US state and local government workgroup trying to address?

b. For what parts of the CAFR report has the government workgroup released data standards?

c. Does the format for the XBRL displayed financial statements appear to be any different than the format for non-XBRL financial statements?

d. What sections of the CAFR report have XBRL tags?

e. How are tagged data displayed in the financial statements?

f. Does Will County use any custom tags?

g. Which schedules are included in the notes to the financial statements?