Download or read book Final Report on Implementation of the Federal Financial Management Improvement Act written by CreateSpace Independent Publishing Platform and published by Createspace Independent Publishing Platform. This book was released on 2018-07-16 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Final report on implementation of the Federal Financial Management Improvement Act
Download or read book Final Report on Implementation of the Federal Financial Management Improvement Act written by and published by . This book was released on 2000 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Management written by United States. General Accounting Office and published by . This book was released on 1996 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Management Federal Financial Management Improvement Act Results for Fiscal Year 1999 written by David M. Walker and published by DIANE Publishing. This book was released on 2008-05 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: The inability to produce the data needed to efficiently & effectively manage the day-to-day operations of the fed. gov¿t. & provide accountability to taxpayers historically has been a major weakness at most of the largest fed. agencies. The central challenge in generating such data is overhauling inadequate & outdated accounting & financial-related mgmt. information systems. This annual report addresses: (1) compliance of the Chief Financial Officers (CFO) Act agencies¿ financial systems with the requirements of the Fed. Financial Mgmt. Improvement Act of 1996 (FFMIA); (2) agencies¿ plans to bring their systems into compliance; & (3) other efforts to improve the government¿s financial mgmt. systems. Charts & tables.
Download or read book Federal Financial Management Status Report and 5 year Plan written by and published by . This book was released on 1996 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Financial Management Status Report Five year Plan written by and published by . This book was released on 1996 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book President s Council on Integrity and Efficiency written by President's Council on Integrity and Efficiency (U.S.) and published by . This book was released on 1992 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Federal Government s Continuing Efforts to Improve Financial Management written by United States. Congress. House. Committee on Government Reform and published by . This book was released on 2002 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Financial Management Report written by and published by . This book was released on with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial management FFMIA implementation critical for federal accountability report to congressional committees written by and published by DIANE Publishing. This book was released on with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Management written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-07 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pursuant to a legislative requirement, GAO provided information on: (1) the requirements of the Federal Financial Management Improvement Act (FFMIA) of 1996; (2) efforts under way to implement the act; (3) challenges that agencies face in achieving full compliance with those requirements; and (4) the status of federal accounting standards. GAO noted that: (1) it is too early to tell the extent to which the 24 agencies named in the Chief Financial Officers (CFO) Act will be in compliance with FFMIA requirements for fiscal year 1997 because auditor reports discussing the results of the fiscal year 1997 financial statement audits will generally not be available until March 1, 1998, which is the statutory reporting deadline; (2) the Office of Management and Budget (OMB) and the CFO agencies have initiated efforts to implement the act's requirements and improve financial management systems; (3) although auditors performing financial audits under the CFO Act are not required to report on FFMIA compliance until March 1, 1998, prior audit results and agency self-reporting all point to significant challenges that agencies must meet in fully implementing systems requirements, accounting standards, and the U.S. Government Standard General Ledger; (4) regarding the adequacy of accounting standards, the Federal Accounting Standards Advisory Board (FASAB) has successfully developed a good initial set of accounting standards; (5) to date, FASAB has recommended, and OMB and GAO have issued, two statements of accounting concepts and eight statements of accounting standards tailored to the federal government's unique characteristics and special needs; and (6) OMB has integrated these concepts and standards into its guidance to agencies on the form and content of their financial statements.
Download or read book Financial Management written by United States. General Accounting Office and published by . This book was released on 1997 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Congress enacted the Federal Financial Management Improvement Act of 1996 to strengthen federal accounting practices and the government's ability to provide more reliable financial information. Beginning with the fiscal year ended September 30, 1997, auditors for 24 major federal agencies must report on whether the agencies' financial management systems comply substantially with federal financial management system requirements, applicable federal accounting standards, and the U.S. Government Standard General Ledger at the transaction level. This report discusses (1) the act's requirements, (2) efforts underway to implement the act, (3) challenges that agencies face in fully complying with those requirements, and (4) the status of federal accounting standards.
Download or read book Financial Management written by United States. General Accounting Office and published by . This book was released on 2000 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: The inability to produce the data needed to efficiently and effectively manage the day-to-day operations of the federal government and provide accountability to taxpayers has been a long-standing weakness at many federal agencies. The Federal Financial Management Improvement Act of 1996 requires the 24 major departments and agencies to adhere to certain management and accounting standards. The act also requires auditors to indicate in their audit reports whether their financial management systems comply with the act's requirements. GAO is required to report annually on the implementation of the act. This, GAO's fourth annual report, discusses: (1) whether the financial systems of the 24 major agencies substantially comply with the act's requirements; (2) agencies' plans to bring their systems into compliance; and (3) other efforts to improve the government's financial management systems. For fiscal year 1999, auditors for 21 of the 24 major agencies reported that the agencies' financial systems did not comply substantially with the act's requirements. However, the number of agencies receiving "clean," or unqualified, audit opinions on their financial statements is increasing. Fifteen of the 24 CFO Act agencies received unqualified audit opinions in fiscal year 1999, up from 12 in fiscal year 1998 and 11 in fiscal year 1997. Agencies are slowly making progress in addressing the problems caused by financial management weaknesses. However, the continued widespread noncompliance with the act shows that there is still a long way to go to achieve systems, processes, and controls that routinely generate reliable, useful, and timely information for managers and other decisionmakers.
Download or read book Report on Financial Management Improvements written by United States. Joint Financial Management Improvement Program and published by . This book was released on 1987 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial management improved financial systems are key to FFMIA compliance report to congressional requesters written by and published by DIANE Publishing. This book was released on with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Federal Financial Management Improvement Act of 1996 written by United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency, Financial Management, and Intergovernmental Relations and published by . This book was released on 2003 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Management written by United States. General Accounting Office and published by . This book was released on 1999 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
