Improving The Federal Governments Financial Management Systems

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.