What does the IAM policy "ViewBilling" specifically allow?

The "ViewBilling" IAM policy is specifically designed to provide permissions to users for viewing billing details associated with their AWS account. This policy allows users to see the current and past billing information, which includes the cost of services used, charge history, and other billing data. The focus of this policy is solely on granting access to view this information without enabling any modifications or alterations to billing records.

This distinct permission is critical for ensuring that users responsible for project budgets and financial oversight can log in and assess costs without the ability to change billing settings or data, which is crucial for maintaining the integrity and accuracy of billing information. Users can analyze and monitor costs effectively, enabling informed decision-making related to resource management and budgeting within AWS.