Financial Management: Fostering the Effective Implementation of LegislativeGoals. Statement of Gene L. Dodaro Assistant Comptroller General Accounting and Information Management Division

摘要

We are pleased to discuss ways the Congress can help ensure that agencieseffectively implement federal financial management reform legislation. This legislative framework includes the 1990 Chief Financial Officers (CFO) Act, as expanded by the 1994 Government Management Reform Act, as well as the 1996 Federal Financial Management Improvement Act (FFMIA). These statutes establish a broad-based set of expectations of improving financial management, such as producing reliable financial reports, generating sound cost and performance information, fixing weaknesses in systems and controls, and building effective financial management organizations.