Financial Management: Federal Financial Management Improvement Act Results for Fiscal Year 1999

Pursuant to a legislative requirement, GAO provided information on the implementation of the Federal Financial Management Improvement Act (FFMIA) in fiscal year (FY) 1999, focusing on: (1) compliance of the Chief Financial Officers (CFO) Act agencies' financial systems with FFMIA's requirements; (2) agencies' plans to bring their systems into compliance; and (3) other efforts to improve the government's financial management systems.