Executive Guide: Creating Value Through World-class Financial Management (Supersedes AIMD-99-45)

This publication supersedes AIMD-99-45, Executive Guide: Creating Value Through World-Class Financial Management (Exposure Draft), August 1999. GAO published a guide on the financial management practices and improvement efforts of nine leading public and private sector finance organizations to identify the success factors, practices, and outcomes associated with world-class financial management. This executive guide is intended to assist federal agencies in achieving the objectives of the Chief Financial Officers Act of 1990 and subsequent related legislation by providing case studies of 11 practices critical for establishing and maintaining sound financial operations.