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 32 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 Improving the Federal Government s Financial Management Systems written by Gene L. Dodaro and published by DIANE Publishing. This book was released on 2008-10 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the enactment of key financial mgmt. (FM) reforms, the fed. gov¿t. has devoted significant resources to improving FM activities and practices. Yet continuing attention is needed to address persistent, long-standing accountability problems and to redefine success for fed. FM. Many gov¿t. agency FM systems do not produce the accurate, timely, and meaningful info. needed for mgmt. decision making. This forum brought together FM leaders from the fed. gov¿t., incl. the CFO, CIO, and IG communities, and other officials with extensive experience in FM from both the public and private sectors. The forum addressed: the future of fed. FM; applying lessons learned from fed. FM system implementations; and strategies for transforming fed. FM culture.
Download or read book Financial Management in the Federal Government written by Virginia A McMurtry and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Management in the Federal Government written by and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Improper Payments Information Act of 2002 requires federal agencies to identify programs that are vulnerable to improper payments and to estimate annually the amount of underpayments and overpayments made by these programs; the estimates are to be reported to Congress by March 31 following the end of the fiscal year. [...] A major component of the legislation was the establishment of a new leadership structure for federal financial management, consisting of two new positions within the Office of Management and Budget: a new Deputy Director for Management (to serve as the federal government's chief financial officer), and a Controller (to head the statutorily established Office of Federal Financial Management). [...] In addition, the law created 24 chief financial officers for the major executive departments and agencies; there were also 24 deputy CFOs.7 Of the 24 CFO positions, those in the 14 cabinet-level departments, the Environmental Protection Agency, and the National Aeronautics and Space Administration are filled by presidential appointees, confirmed by the Senate. [...] Provisions in the Federal Financial Management Act of 199411 (incorporated into the Government Management Reform Act), substantially expanded the requirements in the CFO Act for audited financial statements. [...] The Secretary of the Treasury, in coordination with the director of OMB, submitted the most recent set to the President and Congress in March, 2003.
Download or read book Dod Financial Management Effect of Continuing Weaknesses on Management and Operations and Status of Key Challenges written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-07-28 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: " Given the federal government's continuing fiscal challenges, it is more important than ever that the Congress, the administration, and federal managers have reliable, useful, and timely financial and performance information to help ensure fiscal responsibility and demonstrate accountability, particularly for the federal government's largest department, the Department of Defense. GAO has previously reported that serious and continuing deficiencies in DOD's financial management make up one of three major impediments to achieving an opinion on the U.S. government's consolidated financial statements. GAO's statement focuses on (1) the effect of continuing financial management challenges on DOD management and operations and (2) DOD's efforts to improve financial management and its remaining challenges. GAO's statement is primarily based on previously issued reports, including GAO's updates on DOD high-risk areas and its audit reports on DOD's financial management, inventory management and asset visibility, weapon system costs, business transformation, and business system modernization. "
Download or read book Budgeting and Financial Management in the Federal Government written by Jerry L. McCaffery and published by IAP. This book was released on 2002-02-01 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Budgeting and financial management in the U.S. federal government is highly complex and highly differentiated, e.g., in the process employed by the Executive branch versus those used by Congress. In this book we attempt to cover the processes of both the Executive and Congress and the relationships between the two. The book provides views from several perspectives, e.g., managerial and political. We attempt to provide readers with an understanding of how federal budget and financial management processes are supposed to operate. However, we then go a step further to show how these processes actually operate often in contrast to the intended template. Additionally, this book is intended to capture and combine the views of the academic and the practitioner, including those of the participants in the process."--Introduction.
Download or read book Improvement of Financial Management in the United States Government written by United States. Joint Financial Management Improvement Program and published by . This book was released on 1959 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Federal Government s Role in Empowering Americans to Make Informed Financial Decisions 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 108 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 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO reviewed efforts by the Office of Management and Budget (OMB) and the Department of the Treasury to improve the federal government's financial management operations. GAO found that: (1) due to the lack of a governmentwide financial management plan to help guide and control their efforts, agencies struggled in developing financial systems; (2) in April 1989, OMB began developing a governmentwide financial management improvement plan; (3) the Financial Management Service's (FMS) Federal Agency Financial Systems Program helped in furthering governmentwide improvements in financial management systems, but the program still needed improvements; (4) program officials believed that insufficient resources hindered their efforts to accomplish their objectives; (5) 2 years after the program's establishment, there were only eight program staff regulating the entire federal government; (6) FMS did not develop a comprehensive strategy defining program objectives; (7) Treasury's plans did not rank program objectives or identify milestones for accomplishing them; and (8) a comprehensive strategy would provide agencies with direction and focus and would be an integral part of an OMB long-range financial management plan.
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 Integrity Act written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO reviewed the federal government's internal control and accounting systems, focusing on agencies': (1) progress in complying with the Federal Managers' Financial Integrity Act of 1982; and (2) efforts to correct remaining problems. GAO found that: (1) agencies reported that more than a third of the serious internal control weaknesses in financial management, procurement, debt collection, and property management which they had cited since 1983 remained uncorrected; and (2) agency self-evaluations identified 229 new weaknesses in 1986. GAO also found that agencies: (1) reported that they had corrected many of their internal control problems; (2) did not always ensure the prompt and effective correction of problems; and (3) sometimes delayed the resolution of audit findings, which could have saved millions of dollars. In addition, GAO found that: (1) agencies' accounting systems did not provide the reliable and timely data they needed to decide policy or manage their operations; (2) agencies' attempts to correct these problems were frequently costly or seriously delayed; and (3) Congress is considering legislation to ensure the implementation and continuity of comprehensive reform of the government's accounting and financial management systems.
Download or read book Federal financial management 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 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Government s Role in Empowering Americans to Make Informed Financial Decisions written by United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Subcommittee on Oversight of Government Management, the Federal Workforce, and the District of Columbia and published by . This book was released on 2008 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book DOD Financial Management written by Asif A. Khan and published by . This book was released on 2014-06-13 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statement of Asif A. Khan, Dir., Financial Management and Assurance, GAO. Given the federal government's continuing fiscal challenges, it is more important than ever that the Congress, the administration, and federal managers have reliable, useful, and timely financial and performance information to help ensure fiscal responsibility and demonstrate accountability, particularly for the federal government's largest department, the Department of Defense (DOD). GAO has previously reported that serious and continuing deficiencies in DOD's financial management make up a major impediment to achieving an opinion on the U.S. government's consolidated financial statements. This statement focuses on (1) the effect of continuing financial management challenges on DOD management and operations; and (2) DOD's efforts to improve financial management and its remaining challenges. This is a print on demand report.
Download or read book Financial Management Functions in the Federal Government written by United States. General Accounting Office and published by . This book was released on 1974 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Financial Management written by James Shuler and published by Lulu.com. This book was released on 2011-09 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal Financial Management is an introductory to the federal government's financial management systems and a brief historical background. This book covers government outlays, capitalism, budget and accountability. It also looks at several historical figures that influenced the United States economic and financial system. The federal budget process, the national debt and budget deficit are examined. A brief look at the Bureau of the Budget (BOB) and Office of Management and Budget (OMB) is also provided. Various federal budget and accounting systems are reviewed including Planning-Programming-Budgeting System (PPBS), Management by Objectives (MBO), Zero-Based Budgeting (ZBB), the Government Performance and Results Act of 1993 (GPRA). Other closely related topics are also discussed.
