A-11 Comments

AFMD-92-64R: Published: May 18, 1992. Publicly Released: May 18, 1992.

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GAO commented on the Office of Management and Budget's (OMB) Circular A-11. GAO noted that several of its ongoing projects could have a bearing on future budget preparation issues addressed in the circular, including projects that: (1) assess the potential value of accrual accounting or cost-based budgeting concepts in budget preparation; (2) re-examine the investment implications of federal programs, as well as better identifying trust and enterprise programs; (3) address a fiscal planning process explicitly linking budget policy to consider the costs and benefits of deficit reduction; and (4) review performance measures' use and development as a tool to improve policymaking and federal government operations.

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