Financial Management: FFMIA Implementation Necessary to Achieve Accountability

Abstract

The ability 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 challenge at most federal agencies. To help address this challenge, the Federal Financial Management Improvement Act of 1996 (FFMIA) requires the 24 Chief Financial Officers Act agencies to implement and maintain financial management systems that comply substantially with (1) federal 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.

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Document Details

Document Type
Technical Report
Publication Date
Oct 01, 2002
Accession Number
AD1179296

Entities

People

  • Bridget A. Skjoldal
  • Debra S. Rucker
  • Kay L. Daly
  • Rosa R. Harris
  • Sally E. Thompson
  • Sandra S. Silzer
  • William S. Lowrey

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Biomedical
  • Cyber
  • Human Systems

DTIC Thesaurus Topics

  • Business Administration
  • Commerce
  • Congress
  • Control Systems
  • Department Of Defense
  • Department Of Homeland Security
  • Electronic Mail
  • Financial Management
  • Governments
  • Information Security
  • Information Systems
  • Law
  • Management Personnel
  • Money
  • National Governments
  • Organizational Structure
  • Personnel Management
  • Standards
  • United States
  • United States Government

Readers

  • Defense Financial Management and Audit.