GAO’s reports and testimonies give Congress, federal agencies, and the public timely, fact-based, non-partisan information that can improve government operations and save taxpayers billions of dollars.
The Federal Financial Management Improvement Act of 1996 (FFMIA) requires Chief Financial Officers (CFO) Act agencies to implement and maintain financial management systems that comply substantially with (1) federal financial management systems requirements, (2) federal accounting standards, and (3)...
In March, GAO testified on the federal government's fiscal-year implementation of legislative provisions for government information security reform. (See GAO-02-470T.) GAO reported that implementation of the reforms addresses serious, pervasive information security weaknesses.
This report reviews efforts by the Office of Management and Budget (OMB), 24 of the largest federal agencies, and the agencies' inspectors general to implement requirements set forth as part of the National Defense Authorization Act for Fiscal Year 2001.