United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2002-06-06 monographic deposited born digital GA 1.13:GAO-02-791T https://www.govinfo.gov/app/details/GAOREPORTS-GAO-02-791T P0b002ee180387023 f:d02791t DGPO 2010-08-12 2011-03-28 GAOREPORTS-GAO-02-791T machine generated eng fdlp REPORT GAOREPORTS-GAO-02-791T GAO-02-791T Accountability Financial management Financial management systems Information resources management HUD Central Accounting and Program System Testimony A03523 The Federal Financial Management Improvement Act (FFMIA) of 1996 ensures that agency financial management systems routinely provide reliable and timely financial information on the investment of resources, reduced costs and programs oversight. Although many agencies are receiving unqualified opinions on their financial statements, auditor determinations of FFMIA compliance are lagging. To achieve the financial management improvements envisioned by the Chief Financial Officers Act, FFMIA, and more recently, the President's Management Agenda, agencies need to modernize their financial systems to generate reliable, useful, and timely financial information throughout the year and at year-end. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-02-791T/html/GAOREPORTS-GAO-02-791T.htm GAO-02-791T https://www.govinfo.gov/app/details/GAOREPORTS-GAO-02-791T Testimony GAO-02-791T; Financial Management: Effective Implementation of FFMIA Is Key to Providing Reliable, Useful, and Timely Data; Accountability Financial management Financial management systems Information resources management HUD Central Accounting and Program System