OMB's Financial Management Line of Business Initiative, Do Recent Changes to the Implementation Guidance Clarify the Rules?

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ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis OMB's Financial Management Line of Business Initiative, Do Recent Changes to the Implementation Guidance Clarify the Rules? by : United States. Congress. House. Committee on Government Reform. Subcommittee on Government Management, Finance, and Accountability

Download or read book OMB's Financial Management Line of Business Initiative, Do Recent Changes to the Implementation Guidance Clarify the Rules? written by United States. Congress. House. Committee on Government Reform. Subcommittee on Government Management, Finance, and Accountability and published by . This book was released on 2007 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

OMB’s financial management line of business initiative, do recent changes to the implementation guidance clarify the rules? : hearing

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Publisher : DIANE Publishing
ISBN 13 : 9781422322796
Total Pages : 96 pages
Book Rating : 4.3/5 (227 download)

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Book Synopsis OMB’s financial management line of business initiative, do recent changes to the implementation guidance clarify the rules? : hearing by :

Download or read book OMB’s financial management line of business initiative, do recent changes to the implementation guidance clarify the rules? : hearing written by and published by DIANE Publishing. This book was released on with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

OMB's Financial Management Line of Business Initiative, Do Recent Changes to the Implementation Guidance Clarify the Rules?

Download OMB's Financial Management Line of Business Initiative, Do Recent Changes to the Implementation Guidance Clarify the Rules? PDF Online Free

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ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis OMB's Financial Management Line of Business Initiative, Do Recent Changes to the Implementation Guidance Clarify the Rules? by : United States. Congress. House. Committee on Government Reform. Subcommittee on Government Management, Finance, and Accountability

Download or read book OMB's Financial Management Line of Business Initiative, Do Recent Changes to the Implementation Guidance Clarify the Rules? written by United States. Congress. House. Committee on Government Reform. Subcommittee on Government Management, Finance, and Accountability and published by . This book was released on 2007 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Activities of the House Committee on Government Reform, One Hundred Ninth Congress, First and Second Sessions, 2005-2006

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ISBN 13 :
Total Pages : 276 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Activities of the House Committee on Government Reform, One Hundred Ninth Congress, First and Second Sessions, 2005-2006 by : United States. Congress. House. Committee on Government Reform

Download or read book Activities of the House Committee on Government Reform, One Hundred Ninth Congress, First and Second Sessions, 2005-2006 written by United States. Congress. House. Committee on Government Reform and published by . This book was released on 2006 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Activities of The House Committee on Government Reform, 109-1&2 Sessions..., December 29, 2006, 109-2 House Report 109-739, *

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ISBN 13 :
Total Pages : 280 pages
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Book Synopsis Activities of The House Committee on Government Reform, 109-1&2 Sessions..., December 29, 2006, 109-2 House Report 109-739, * by :

Download or read book Activities of The House Committee on Government Reform, 109-1&2 Sessions..., December 29, 2006, 109-2 House Report 109-739, * written by and published by . This book was released on 2007 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:

CIS Annual

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ISBN 13 :
Total Pages : 712 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis CIS Annual by :

Download or read book CIS Annual written by and published by . This book was released on 2007 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt:

OMB's financial management line of business initiative

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ISBN 13 :
Total Pages : 144 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis OMB's financial management line of business initiative by : United States. Congress. House. Committee on Government Reform. Subcommittee on Government Management, Finance, and Accountability

Download or read book OMB's financial management line of business initiative written by United States. Congress. House. Committee on Government Reform. Subcommittee on Government Management, Finance, and Accountability and published by . This book was released on 2006 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Management Systems

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Publisher : DIANE Publishing
ISBN 13 : 1437917720
Total Pages : 57 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Financial Management Systems by : Kay L. Daly

Download or read book Financial Management Systems written by Kay L. Daly and published by DIANE Publishing. This book was released on 2009-12 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: In March 2004, the Office of Management and Budget (OMB) launched the financial management line of business (FMLOB) initiative, in part, to reduce the cost and improve the quality and performance of federal financial management systems by leveraging shared service solutions and implementing other reforms. In March 2006, it was reported that OMB's approach did not fully integrate certain fundamental system implementation-related concepts and recommended OMB take specific actions. This report discusses: (1) OMB's progress in addressing prior FMLOB recommendations and implementation challenges; and (2) the effectiveness of OMB's monitoring of financial management system modernization projects and their costs. Illus.

Financial Management Systems

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ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Financial Management Systems by : United States. Government Accountability Office

Download or read book Financial Management Systems written by United States. Government Accountability Office and published by . This book was released on 2009 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: In March 2004, the Office of Management and Budget (OMB) launched the financial management line of business (FMLOB) initiative, in part, to reduce the cost and improve the quality and performance of federal financial management systems by leveraging shared service solutions and implementing other reforms. In March 2006, GAO reported that OMB's approach did not fully integrate certain fundamental system implementation-related concepts and recommended OMB take specific actions. This report discusses (1) OMB's progress in addressing GAO's prior FMLOB recommendations and implementation challenges and (2) the effectiveness of OMB's monitoring of financial management system modernization projects and their costs. GAO recommends that the Director of OMB take action to facilitate complete and accurate reporting of agency spending on financial management system modernization projects. GAO reaffirms its prior recommendations and emphasizes the need to address those that have not yet been completed.

Financial Management Systems

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781976394867
Total Pages : 58 pages
Book Rating : 4.3/5 (948 download)

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Book Synopsis Financial Management Systems by : United States Government Accountability Office

Download or read book Financial Management Systems written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-15 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial management systems : OMB's financial management line of business initiative continues but future success remains uncertain : report to the Chairman, Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security, Committee on Homeland Security and Governmental Affairs, U.S. Senate.

Congressional Record

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ISBN 13 :
Total Pages : 1078 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis Congressional Record by : United States. Congress

Download or read book Congressional Record written by United States. Congress and published by . This book was released on 2011 with total page 1078 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Status of IRS Reform

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ISBN 13 :
Total Pages : 160 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Status of IRS Reform by : United States. Congress. Senate. Committee on Finance

Download or read book Status of IRS Reform written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2000 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Management

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781976389658
Total Pages : 60 pages
Book Rating : 4.3/5 (896 download)

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Book Synopsis Financial Management by : United States Government Accountability Office

Download or read book Financial Management written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-15 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Financial Management Improvement Act of 1996 (FFMIA) requires the 24 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) the U.S. Government Standard General Ledger (SGL). FFMIA also requires GAO to report annually on the implementation of the act. This report, primarily based on GAO and inspectors general reports, discusses (1) the problems that continued to affect agencies systems' FFMIA compliance in fiscal year 2006 and (2) the initiatives under way to help move federal financial management toward FFMIA compliance. Federal agencies have continued to make progress in meeting the requirements of FFMIA since the passage of the law in 1996. Most agencies though, have not yet progressed to the stage that their systems are substantially compliant, and some agencies have made little progress. Accordingly, agencies continue to fall short in their attempts to establish the financial systems needed to create the full range of information needed for effective day-to-day management. In fiscal year 2006, auditors for 17 of the 24 CFO Act agencies reported that agencies' financial management systems did not substantially comply with at least one of the three FFMIA requirements. As shown below, based on audit reports, GAO identified six types of problems primarily related to agencies' systems. These problems with agency financial systems remain a significant obstacle to supporting effective management of the federal government. Number of Agencies with Reported FFMIA Compliance Problems for Fiscal Years 2002 through 2006 06121824Weaksecurity overinformationsystemsLack ofadherenceto federalaccountingstandardsNoncompliancewith the SGLLack ofaccurateand timelyrecordingInadequatereconciliationproceduresNonintegratedfinancialmanagementsystemsCFO Act agenciesFiscal yearSource: GAO analysis, based on independent auditors' financial statement audit reports.131112131211111114141715161715910111171311111110191715151620022003200420052006 With regard to improvement initiatives, GAO noted continued progress in two key areas: (1) agencies' required remediation plans and (2) the Office of Management and Budget's (OMB) efforts to address system implementation problems. All 12 of the remediation plans GAO reviewed included corrective actions, but several were missing key elements. Moreover, agencies continue to struggle with efforts to modernize their financial management systems. This problem is particularly acute at the Department of Defense. Agency modernization efforts have been consistently hampered by failure to follow best practices in systems development and implementation, commonly referred to as disciplined processes. As a result, these efforts far too often do not meet cost, schedule, and performance goals. To help address these problems, OMB has demonstrated continued progress in the implementation of the financial management line of business initiative. However, additional steps forward are needed to provide a foundation for this initiative.

Financial Management Systems

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ISBN 13 : 9781974622658
Total Pages : 68 pages
Book Rating : 4.6/5 (226 download)

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Book Synopsis Financial Management Systems by : Office, U.s. Government Accountability

Download or read book Financial Management Systems written by Office, U.s. Government Accountability and published by . This book was released on 2017-08-16 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: "2004, the Office of Management and Budget (OMB) launched the financial management line of business (FMLOB) initiative, in part, to reduce the cost and improve the quality and performance of federal financial management systems by leveraging shared services available from external providers. In response to a request to study FMLOB-related issues, this report (1) identifies the steps agencies have taken, or planned to take, to modernizing their core financial systems and migrate to an external provider and (2) assesses the reported benefits and significant challenges associated with migrations, including any factors related to OMB's new financial systems modernization approach. GAO's methodology included surveying federal agencies to obtain the status of their financial management systems as of September 30, 2009 (prior to OMB's March 2010 announcement of a new approach), and interviewing officials with selected agencies, external providers, and OMB.In oral comments on a draft of this report, OMB stated its position that it was too early for GAO to draw conclusions on its new approach because it is still a work in progress. For this reason, GAO is not making any new recommendations. However, GAO observes that the experience and challenges related to prior migration and modernization efforts..."

Hazard Mitigation Grant Program Desk Reference (FEMA 345)

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Publisher : Createspace Independent Pub
ISBN 13 : 9781482339888
Total Pages : 236 pages
Book Rating : 4.3/5 (398 download)

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Book Synopsis Hazard Mitigation Grant Program Desk Reference (FEMA 345) by : Federal Emergency Management Agency

Download or read book Hazard Mitigation Grant Program Desk Reference (FEMA 345) written by Federal Emergency Management Agency and published by Createspace Independent Pub. This book was released on 2013-02-01 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: FEMA's Hazard Mitigation Grant Program is a powerful resource in the combined effort by Federal, State, and local government, as well as private industry and homeowners, to end the cycle of repetitive disaster damage. The Robert T. Stafford Disaster Relief and Emergency Assistance Act was passed on November 23, 1988, amending Public Law 93-288, the Disaster Relief Act of 1974. The Stafford Act included Section 404, which established the Hazard Mitigation Grant Program. In 1993, the Hazard Mitigation and Relocation Act amended Section 404 to increase the amount of HMGP funds available and the cost-share to 75 percent Federal. This amendment also encouraged the use of property acquisition and other non-structural flood mitigation measures. In an effort to streamline HMGP delivery, FEMA encourages States to develop their mitigation programs before disaster strikes. States are adopting a more active HMGP management role. Increased capabilities may include: Conducting comprehensive all-hazard mitigation planning prior to disaster events; Providing applicants technical assistance on sound mitigation techniques and hazard mitigation policy and procedures; Coordinating mitigation programs through interagency teams or councils. Conducting benefit-cost analyses; and Preparing National Environmental Policy Act reviews for FEMA approval. States that integrate the HMGP with their frequently updated State Administrative and Hazard Mitigation Plans will create cohesive and effective approaches to loss reduction. This type of coordinated approach minimizes the distinction between “predisaster” and “post-disaster” time periods, and instead produces an ongoing mitigation effort. Hazard mitigation is any sustained action taken to reduce or eliminate long-term risk to people and property from natural hazards and their effects. A key purpose of the HMGP is to ensure that the opportunity to take critical mitigation measures to protect life and property from future disasters is not lost during the recovery and reconstruction process following a disaster. Program grant funds available under Section 404 of the Stafford Act provide States with the incentive and capability to implement mitigation measures that previously may have been infeasible. The purpose of this Desk Reference is to: Provide comprehensive information about FEMA's Hazard Mitigation Grant Program (HMGP); Increase awareness of the HMGP as an integral part of statewide hazard mitigation efforts; and Encourage deeper commitments and increased responsibilities on the part of all States and communities to reduce damage and losses from natural disasters. This Desk Reference is organized to simplify program information and assist the reader with practical guidance for successful participation in the program. Lists of program-related acronyms and definitions are included, along with appendices that amplify selected aspects of the HMGP. This Desk Reference is organized into 14 sections, each of which presents a major HMGP subject area. In each section, information is presented on the right side of the page. In several sections, job aids containing supplemental material are provided. The job aids for each section can be found at the end of the section. At the front of each section, there is a detailed table of contents to help you locate specific information.

Congressional Directives

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (219 download)

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Book Synopsis Congressional Directives by : United States. Government Accountability Office

Download or read book Congressional Directives written by United States. Government Accountability Office and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, congressional concern and public debate have increased about the nature and growing number of earmarks. This report seeks to provide Congress and the public with an understanding of how agencies respond to congressional funding directions by examining how selected executive branch agencies translate these directions from Congress into governmental activities. There have been numerous calls in and out of Congress for earmark reform in response to concerns about the nature and number of earmarks. Both Houses of Congress have taken steps to increase disclosure requirements. The President has also called for earmark reform. In January 2007, the Office of Management and Budget (OMB) directed agencies to collect and submit data to it on fiscal year 2005 earmarks in appropriations bills and certain authorization bills. GAO collected and analyzed information on four agencies' processes (i.e., the Department of Defense, Department of Energy, Department of Transportation, and U.S. Army Corps of Engineers' Civil Works programs). Our objectives were to identify, for these agencies, (1) their processes for identifying and categorizing congressional directives; (2) their processes for tracking, implementing, and reporting on congressional directives; and (3) agency officials' views on the trends and impact of congressional directives.

Cost Principles for Educational Institutions

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ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Cost Principles for Educational Institutions by : United States. Office of Management and Budget

Download or read book Cost Principles for Educational Institutions written by United States. Office of Management and Budget and published by . This book was released on 1979 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: