Transition Series:

Financial Management Issues

OCG-89-7TR: Published: Nov 1, 1988. Publicly Released: Nov 1, 1988.

Additional Materials:

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GAO summarized the key elements of financial management reform facing the new administration and Congress.

GAO found that the new administration will need to: (1) restructure the budget to include capital and operating subtotals for general, trust, and enterprise activities; (2) reformulate deficit reduction targets with the revised budget structure; (3) develop a biennial budgeting approach on macro budget levels with legislative and executive branch agreement to streamline the budget; (4) establish a chief financial officer to provide central leadership, policy direction, and oversight for federal financial management; (5) maintain effective internal controls among all government programs and operations; and (6) give greater attention to auditing accounting systems, financial data, and internal controls to assist inspector general efforts to prevent and detect fraud, waste, and abuse.

Mar 4, 2015

Feb 27, 2015

Feb 23, 2015

Feb 19, 2015

Feb 11, 2015

  • government icon, source: Eyewire

    GAO'S 2015 High-Risk Series:

    An Update
    GAO-15-371T: Published: Feb 11, 2015. Publicly Released: Feb 11, 2015.
  • government icon, source: Eyewire

    GAO's 2015 High-Risk Series:

    An Update
    GAO-15-373T: Published: Feb 11, 2015. Publicly Released: Feb 11, 2015.
  • government icon, source: Eyewire

    High-Risk Series:

    An Update
    GAO-15-290: Published: Feb 11, 2015. Publicly Released: Feb 11, 2015.

Feb 10, 2015

Jan 29, 2015

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