Agriculture's CFO Act Implementation

AIMD-95-238R: Published: Sep 29, 1995. Publicly Released: Sep 29, 1995.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

GAO reviewed the Department of Agriculture's (USDA) implementation of the Chief Financial Officers (CFO) Act, focusing on the challenges USDA faces in meeting its statutory requirements. GAO noted that USDA: (1) has made progress in implementing CFO Act reforms and other financial management improvements by appointing an experienced CFO, establishing strong communication within the CFO organization, and replacing its nonintegrated financial systems with a commercial accounting system; and (2) will need to strengthen the CFO role, improve component agency CFO organizations, provide management training, correct internal control weaknesses, and ensure timely preparation and audit of annual financial statements in order to provide its management and Congress with reliable information.

Sep 20, 2016

Sep 6, 2016

Aug 19, 2016

Aug 12, 2016

Jul 29, 2016

Jul 28, 2016

Jul 13, 2016

Jul 11, 2016

Jun 13, 2016

Looking for more? Browse all our products here