Financial Management: Australia's Finance Information on Resource Management (FIRM) System and Lessons Learned

AIMD-98-2R Published: Oct 14, 1997. Publicly Released: Oct 14, 1997.

Highlights

GAO reviewed Australia's governmentwide financial management system, the Finance Information on Resource Management (FIRM) system, focusing on: (1) the history of FIRM's development and implementation; (2) the risks Australia encountered in developing a centralized system and the actions it took to mitigate those risks; and (3) key lessons learned from Australia's experience.

Full Report

Full Report (14 pages)

Office of Public Affairs

Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Auditing and Financial Management

Accounting systemsCentralizationFinancial management systemsForeign governmentsPublic administrationSystems designBudgetsBudget estimatesFinancial managementFinancial systems