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 2006-09-26 monographic deposited born digital 74 p. GA 1.13:GAO-06-970 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-06-970 P0b002ee18039b135 f:d06970 DGPO 2010-08-12 2011-03-23 GAOREPORTS-GAO-06-970 machine generated eng fdlp REPORT GAOREPORTS-GAO-06-970 GAO-06-970 Accounting standards Audit reports Federal agency accounting systems Financial management Financial management systems Financial statements Information management Internal controls Noncompliance Reporting requirements JFMIP Joint Financial Management Improvement Program Other Written Product A61429 The ability to produce the financial information needed to efficiently and effectively manage the day-today operations of the federal government and provide accountability to taxpayers continues to be a challenge for most federal agencies. To help address this challenge, the Federal Financial Management Improvement Act of 1996 (FFMIA) requires the Chief Financial Officers (CFO) Act agencies to implement and maintain financial management systems that comply substantially with (1) federal financial management systems requirements, (2) federal accounting standards, and (3) the U.S. Government Standard General Ledger 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-06-970/html/GAOREPORTS-GAO-06-970.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-06-970/pdf/GAOREPORTS-GAO-06-970.pdf GAO-06-970 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-06-970 Other Written Product GAO-06-970; Financial Management: Improvements Under Way but Serious Financial Systems Problems Persist; Accounting standards Audit reports Federal agency accounting systems Financial management Financial management systems Financial statements Information management Internal controls Noncompliance Reporting requirements JFMIP Joint Financial Management Improvement Program Volume 96 Page 814 96 Stat. 814 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 2350 116 Stat. 745 116 Stat. 2049 116 Stat. 2350 Volume 118 Page 1275 118 Stat. 1275 Public Law 97-255 Public Law 101-576 Public Law 103-62 Public Law 103-356 Public Law 104-106 Public Law 104-208 Public Law 107-204 Public Law 107-289 Public Law 107-300 Public Law 108-330