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 2004-10-01 monographic deposited born digital 66 p. GA 1.13:GAO-05-20 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-20 P0b002ee1803806d8 f:d0520 DGPO 2010-08-12 2011-03-24 GAOREPORTS-GAO-05-20 machine generated eng fdlp REPORT GAOREPORTS-GAO-05-20 GAO-05-20 Accountability Accounting standards Financial management systems Financial statements Information resources management Information technology Noncompliance Procurement practices Reporting requirements Strategic information systems planning U.S. Government Standard General Ledger Other Written Product A12875

The ability to produce the data needed to efficiently and effectively manage the day-to-day operations of the federal government and provide accountability to taxpayers has been a long-standing challenge to most federal agencies. To help address this challenge, the Federal Financial Management Improvement Act of 1996 (FFMIA) requires the 23 Chief Financial Officers Act agencies to implement and maintain financial management systems that comply substantially with (1) federal financial management systems requirements, (2) applicable federal accounting standards, and (3) the U.S. Government Standard General Ledger (SGL) at the transaction level. FFMIA also requires GAO to report annually on the implementation of the act. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-20/html/GAOREPORTS-GAO-05-20.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-20/pdf/GAOREPORTS-GAO-05-20.pdf GAO-05-20 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-20 Other Written Product GAO-05-20; Financial Management: Improved Financial Systems Are Key to FFMIA Compliance; Accountability Accounting standards Financial management systems Financial statements Information resources management Information technology Noncompliance Procurement practices Reporting requirements Strategic information systems planning U.S. Government Standard General Ledger Title 31 Section 3511(d) Title 31 Section 3512(c) 31 U.S.C. 3511(d) 31 U.S.C. 3512(c) Volume 104 Page 2838 104 Stat. 2838 Volume 107 Page 285 107 Stat. 285 Volume 108 Page 3410 108 Stat. 3410 Volume 110 Page 186 Volume 110 Page 3009 110 Stat. 186 110 Stat. 3009 Volume 116 Page 745 Volume 116 Page 2049 Volume 116 Page 2899 116 Stat. 745 116 Stat. 2049 116 Stat. 2899 Public Law 101-576 Public Law 104-208 Public Law 107-204 Public Law 107-289