Download or read book Financial management written by United States. Government Accountability Office and published by . This book was released on 2005 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial management achieving FFMIA compliance continues to challenge agencies report to congressional committees written by and published by DIANE Publishing. This book was released on with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Management written by United States. Government Accountability Office and published by . This book was released on 2008 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report, primarily based on GAO and inspectors general reports and agencies' performance and accountability reports, discusses (1) the reported status of agencies' systems compliance with FFMIA and overall federal financial management improvement efforts and (2) the remaining challenges to achieving the goals of FFMIA.
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 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 Gao 05 881 Financial Management written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-01-29 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO-05-881 Financial Management: Achieving FFMIA Compliance Continues to Challenge Agencies
Download or read book Financial management recurring financial systems problems hinder FFMIA compliance written by and published by DIANE Publishing. This book was released on with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Management written by United States. Government Accountability Office and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Management written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-15 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Financial Management Improvement Act of 1996 (FFMIA) requires the 24 Chief Financial Officers (CFO) Act agencies to implement and maintain financial management systems that comply substantially with (1) federal financial management systems requirements, (2) federal accounting standards, and (3) the U.S. Government Standard General Ledger (SGL). FFMIA also requires GAO to report annually on the implementation of the act. This report, primarily based on GAO and inspectors general reports, discusses (1) the problems that continued to affect agencies systems' FFMIA compliance in fiscal year 2006 and (2) the initiatives under way to help move federal financial management toward FFMIA compliance. Federal agencies have continued to make progress in meeting the requirements of FFMIA since the passage of the law in 1996. Most agencies though, have not yet progressed to the stage that their systems are substantially compliant, and some agencies have made little progress. Accordingly, agencies continue to fall short in their attempts to establish the financial systems needed to create the full range of information needed for effective day-to-day management. In fiscal year 2006, auditors for 17 of the 24 CFO Act agencies reported that agencies' financial management systems did not substantially comply with at least one of the three FFMIA requirements. As shown below, based on audit reports, GAO identified six types of problems primarily related to agencies' systems. These problems with agency financial systems remain a significant obstacle to supporting effective management of the federal government. Number of Agencies with Reported FFMIA Compliance Problems for Fiscal Years 2002 through 2006 06121824Weaksecurity overinformationsystemsLack ofadherenceto federalaccountingstandardsNoncompliancewith the SGLLack ofaccurateand timelyrecordingInadequatereconciliationproceduresNonintegratedfinancialmanagementsystemsCFO Act agenciesFiscal yearSource: GAO analysis, based on independent auditors' financial statement audit reports.131112131211111114141715161715910111171311111110191715151620022003200420052006 With regard to improvement initiatives, GAO noted continued progress in two key areas: (1) agencies' required remediation plans and (2) the Office of Management and Budget's (OMB) efforts to address system implementation problems. All 12 of the remediation plans GAO reviewed included corrective actions, but several were missing key elements. Moreover, agencies continue to struggle with efforts to modernize their financial management systems. This problem is particularly acute at the Department of Defense. Agency modernization efforts have been consistently hampered by failure to follow best practices in systems development and implementation, commonly referred to as disciplined processes. As a result, these efforts far too often do not meet cost, schedule, and performance goals. To help address these problems, OMB has demonstrated continued progress in the implementation of the financial management line of business initiative. However, additional steps forward are needed to provide a foundation for this initiative.
Download or read book Department of Homeland Security Status Report written by United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs and published by . This book was released on 2008 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial management FFMIA implementation necessary to achieve accountability written by and published by DIANE Publishing. This book was released on 2002 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Report of the U S Government for Fiscal Year 2003 written by United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency and Financial Management and published by . This book was released on 2004 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Improving Federal Financial Management written by United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security and published by . This book was released on 2008 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Federal Government s Financial Statement and Accountability of Taxpayer Dollars at the Departments of Defense and Homeland Security written by United States. Congress. Senate. Committee on Governmental Affairs. Subcommittee on Financial Management, the Budget, and International Security and published by . This book was released on 2004 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Guarding against waste fraud and abuse in post Katrina relief and recovery written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations and published by . This book was released on 2005 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Consolidated Financial Statements Can the Federal Government Balance Its Books written by United States. Congress. House. Committee on Government Reform and Oversight. Subcommittee on Government Management, Information, and Technology and published by . This book was released on 1999 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Compliance with the Federal Financial Management Improvement Act of 1996 written by United States. Congress. House. Committee on Government Reform. Subcommittee on Government Management, Information, and Technology and published by . This book was released on 2001 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
