Financial Management: Federal Financial Management Improvement Act Results for Fiscal Year 1999
Abstract
FFMIA and other financial management reform legislation, most notably the CFO Act, have underscored the importance of improving financial management across the federal government. The primary purpose of FFMIA is to ensure that agency financial management systems routinely provide reliable, useful, and timely financial information. With such information, government leaders will be better positioned to invest resources, reduce costs, oversee programs, and hold agency managers accountable for the way they run government programs. Financial management systems compliance with federal financial management systems requirements, applicable accounting standards, and the SGL are the building blocks to help achieve these goals.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 2000
- Accession Number
- ADA382640
Entities
Organizations
- United States Government Accountability Office