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Author: United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency, Financial Management, and Intergovernmental Relations
Publisher:
ISBN:
Category : Administrative agencies
Languages : en
Pages : 96
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Author: United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency, Financial Management, and Intergovernmental Relations
Publisher:
ISBN:
Category : Administrative agencies
Languages : en
Pages : 96
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 20
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Book Description
Author: United States. Congress
Publisher: Createspace Independent Publishing Platform
ISBN: 9781985384651
Category :
Languages : en
Pages : 82
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Book Description
The Federal Financial Management Improvement Act of 1996 : are agencies meeting the challenge? : hearing before the Subcommittee on Government Efficiency, Financial Management and Intergovernmental Relations of the Committee on Government Reform, House of Representatives, One Hundred Seventh Congress, second session, June 6, 2002.
Author: United States. Congress. House. Committee on Government Reform. Subcommittee on Government Management, Information, and Technology
Publisher:
ISBN:
Category : Administrative agencies
Languages : en
Pages : 108
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Author: David M. Walker
Publisher: DIANE Publishing
ISBN: 1428971351
Category : Business & Economics
Languages : en
Pages : 58
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Book Description
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 The central challenge in generating such data is overhauling inadequate & outdated accounting & financial-related mgmt.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.
Author: U S Government Accountability Office (G
Publisher: BiblioGov
ISBN: 9781289222642
Category :
Languages : en
Pages : 24
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Book Description
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.
Author: United States. Congress. House. Committee on Government Reform
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: United States. Congress
Publisher: Createspace Independent Publishing Platform
ISBN: 9781983642050
Category :
Languages : en
Pages : 100
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Book Description
Compliance with the Federal Financial Management Improvement Act of 1996 : agencies continue to struggle : hearing before the Subcommittee on Government Management, Information, and Technology of the Committee on Government Reform, House of Representatives, One Hundred Sixth Congress, second session, June 6, 2000.
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 16
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Book Description
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.
Author: United States. General Accounting Office
Publisher:
ISBN:
Category :
Languages : en
Pages :
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