Improving Financial Management and Accountability in the Federal Government Issue Area Plan:

Fiscal Years 1999-2001

IAP-98-26: Published: Aug 1, 1998. Publicly Released: Aug 1, 1998.

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Lisa G. Jacobson
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Office of Public Affairs
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GAO provided information on its Financial Management and Accountability in the Federal Government issue area plan for fiscal years 1999 through 2001.

GAO plans to: (1) assess the financial condition and performance of federal operations to assist Congress in: (a) providing oversight of the executive branch's efforts to ensure adequate accountability as stewards over the resources of the national government; (b) reviewing the results and costs of government activities; and (c) making budgetary decisions; (2) improve the quality of the federal government's: (a) financial management as prescribed in the Chief Financial Officer's Act, including strong leadership, effective financial management practices, and integrated accounting and information systems that produce reliable, complete, and useful data; (b) cost accounting systems and information; and (c) computer security over financial management systems; and (3) identify opportunities for better management practices to correct high-risk federal operations vulnerable to waste, fraud, abuse, and mismanagement.

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