Financial Management: Federal Financial Management Improvement Act Results for Fiscal Year 1997

AIMD-98-268 Published: Sep 30, 1998. Publicly Released: Sep 30, 1998.
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Highlights

Pursuant to a legislative requirement, GAO reviewed information concerning: (1) compliance with the Federal Financial Management Improvement Act of 1996's (FFMIA) requirements, including whether the Chief Financial Officers (CFO) agencies' financial statements have been prepared in accordance with applicable accounting standards; and (2) the adequacy of applicable accounting standards for the federal government.

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