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 2005-09-21 monographic deposited born digital 13 p. GA 1.13:GAO-05-1031T https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-1031T P0b002ee18039e357 f:d051031t DGPO 2010-08-12 2011-03-28 GAOREPORTS-GAO-05-1031T machine generated eng fdlp REPORT GAOREPORTS-GAO-05-1031T GAO-05-1031T Accounting standards Cost accounting Cost accounting standards compliance Data integrity Financial management Financial management systems Performance management Performance measures Reporting requirements Testimony A37757 In the past 15 years, a number of laws, accounting standards, system requirements, and related guidance have emphasized the need for cost information in the federal government, establishing requirements and accounting standards for managerial cost accounting (MCA) information. Among them was the Federal Financial Management Improvement Act of 1996 (FFMIA), which required Chief Financial Officers Act agencies' systems to comply substantially with federal financial management systems requirements and federal accounting standards, including managerial cost accounting standards. In light of these requirements, the Chairman asked GAO to determine how federal agencies generate MCA information and how government managers use that information to support their decision making and provide accountability. GAO briefed subcommittee staff on its work at the Departments of Labor (DOL) and Veterans Affairs (VA) on July 15 and issued a report on its findings that included recommendations on September 2, 2005 (GAO-05-1013R). https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-1031T/html/GAOREPORTS-GAO-05-1031T.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-1031T/pdf/GAOREPORTS-GAO-05-1031T.pdf GAO-05-1031T https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-1031T Testimony GAO-05-1031T; Managerial Cost Accounting Practices: Departments of Labor and Veterans Affairs; Accounting standards Cost accounting Cost accounting standards compliance Data integrity Financial management Financial management systems Performance management Performance measures Reporting requirements Volume 104 Page 2838 104 Stat. 2838 Volume 110 Page 3009 110 Stat. 3009 Public Law 101-576 Public Law 104-208