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Overview And Description Of The Financial Management Information System Fmis
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Book Synopsis Financial Management Information Systems by : Cem Dener
Download or read book Financial Management Information Systems written by Cem Dener and published by World Bank Publications. This book was released on 2011-04-26 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: ?Financial Management Information Systems: 25 Years of World Bank Experience on What Works and What Doesn?t? was prepared as an updated and expanded version of the FMIS review report drafted in 2003, to highlight the achievements and challenges observed during the design and implementation of Bank funded FMIS projects since 1984.
Book Synopsis Financial Management Information Systems by : Cem Dener
Download or read book Financial Management Information Systems written by Cem Dener and published by World Bank Publications. This book was released on 2011-04-26 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1984, the World Bank has financed 87 Financial Management Information System (FMIS) projects in 51 countries totaling over US $2.2 billion, of which US $938 million was for FMIS related information and communication technology (ICT) solutions. This study presents the World Bank’s experience with these investment operations to share the achievements and challenges observed, and provide guidance for improving the performance of future projects. The report is structured according to four overarching questions: • What historical patterns emerge from World Bank financed Treasury/FMIS projects? This includes an analysis of project scope, cost, duration, design, objectives, and ICT solutions, among other aspects. • How have such projects performed according to various criteria? • What are the key factors that contribute to the success and failure of projects? • What have we learned that could be useful for future projects? The findings of this report are primarily based on the 2010 FMIS Database, which includes 55 closed and 32 active FMIS projects implemented between 1984 and 2010 (7 pipeline projects are also analyzed in some sections). The data was gathered primarily from internal World Bank documents and sources, and complemented with interviews with project teams. The Database contains a rich set of operational data and performance ratings for the benefit of the World Bank task teams, government officials and other specialists involved in FMIS projects. Compared to the previously prepared draft FMIS report in 2003 (Dorotinsky and Cho), this study is based on a broader set of projects and documents in analyzing the performance and outputs of the FMIS projects, and presents more in-depth analysis of the success and failure factors. Based on the findings of the current study, the interventions of the World Bank in the design and implementation of FMIS solutions have been reasonably successful in most countries.
Book Synopsis Financial Management Information Systems and Open Budget Data by : Cem Dener
Download or read book Financial Management Information Systems and Open Budget Data written by Cem Dener and published by World Bank Publications. This book was released on 2013-10 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is the first attempt to explore the effects of Financial Management Information Systems on publishing open budget data and improving budget transparency, and develop some guidelines on relevant aspects. The findings of the study are expected to provide a comprehensive view of the current government practices.
Book Synopsis How to Implement a FMIS by : Australia. Department of Finance
Download or read book How to Implement a FMIS written by Australia. Department of Finance and published by . This book was released on 1993 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Introducing Financial Management Information Systems in Developing Countries by : Pokar Khemani
Download or read book Introducing Financial Management Information Systems in Developing Countries written by Pokar Khemani and published by International Monetary Fund. This book was released on 2005-10 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past decade, developing countries (DCs) have been encouraged to reform their public expenditure management systems and have increasingly embarked on major projects to computerize their government operations. Most popular among these have been projects to computerize government accounting and payment operations, by introducing government financial management information systems (FMISs). This paper investigates the reason for almost universal failure to implement and sustain FMISs in DCs. It starts with a review of the "received wisdom" in implementing these projects, and then analyzes problems in its application in the DC context to identify key factors to explain why FMIS projects have been so problematic. Based on the identified negative factors, suggestions for addressing them are offered in the hope of improving success rates.
Author :National Institute on Drug Abuse. Division of Scientific and Program Information Publisher : ISBN 13 : Total Pages :36 pages Book Rating :4.:/5 (327 download)
Book Synopsis Overview and Description of the Financial Management Information System (FMIS). by : National Institute on Drug Abuse. Division of Scientific and Program Information
Download or read book Overview and Description of the Financial Management Information System (FMIS). written by National Institute on Drug Abuse. Division of Scientific and Program Information and published by . This book was released on 1978 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Core Competencies in Financial Management for Information Technology Personnel Implementing Financial Systems in the Federal Government by :
Download or read book Core Competencies in Financial Management for Information Technology Personnel Implementing Financial Systems in the Federal Government written by and published by . This book was released on 1998 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis How to Design a Financial Management Information System by : Gerardo Uña
Download or read book How to Design a Financial Management Information System written by Gerardo Uña and published by International Monetary Fund. This book was released on 2019-05-15 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: A well-functioning financial management information system (FMIS) provides timely, reliable, and comprehensive reports that support implementation of the government's fiscal policies and fiscal rules, and the formulating, controlling, monitoring, and executing of the budget. The architecture of FMISs has undergone a transformation since these systems were first developed in the 1980s. Rather than attempting to cover all or most public financial management (PFM) functions, many FMISs now focus on a few core functions such as accounting and reporting, budget execution, and cash management. Yet a survey of 46 countries shows that many face severe challenges in transforming their FMIS into an effective tool of fiscal governance. These challenges relate to weaknesses in the system's core functions, its institutional coverage, the information technology platforms it uses, and the ease of sharing data with other IT systems. This How to Note discusses how to address these chal-lenges. Replacing an FMIS with an entirely new system may not be an optimal strategy. By utilizing the latest technology, a better approach may be to update or replace one or more core modules of the system: the so-called modular approach. Implementation of an effective FMIS, however, depends on two critical preconditions: strong political motivation and commitment, and the system's ability to meet ongoing and anticipated PFM needs.
Book Synopsis Information Systems for Government Fiscal Management by : Ali Hashim
Download or read book Information Systems for Government Fiscal Management written by Ali Hashim and published by World Bank Publications. This book was released on 1999 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ready access to accurate and timely information for decision making is a paramount requirement for public sector managers to function effectively in a political environment where fiscal management comes under close scrutiny. This paper presents a methodology for use in developing an integrated network of systems to support the information requirements for economic management. Of particular importance is the concept of developing an information systems architecture that provides an overview of the systems network required to support fiscal management. The proposed architecture identifies the major component modules and the information linkages between these modules. This information architecture can also serve as a road map for systems implementation.
Download or read book Conceptual Design written by Abdul Khan and published by International Monetary Fund. This book was released on 2010-04-30 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This technical note describes need of conceptual design as a critical element of a government financial management information system project. Governments are increasingly turning to computerized financial management systems to help them respond to the demand for better information. This note describes the conceptual design for government financial management information systems (GFMIS), and explains why is it critical to the success of a GFMIS project. Key factors that influence the preparation of the conceptual design are discussed. The main stakeholders in the preparation of the conceptual design are also elaborated.
Book Synopsis The International Handbook of Public Financial Management by : Richard Allen
Download or read book The International Handbook of Public Financial Management written by Richard Allen and published by Springer. This book was released on 2013-08-15 with total page 1125 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook is a virtual encyclopedia of public financial management, written by topmost experts, many with a background in the IMF and World Bank. It provides the first comprehensive guide to the subject that has been published in more than ten years. The book is aimed at a broad audience of academics/students, government officials, development agencies and practitioners. It covers both bread-and-butter topics such as the macroeconomic and legal framework for budgeting, budget preparation and execution, procurement, accounting, reporting, audit and oversight, as well as specialist subjects such as government payroll systems, local government finance, fiscal transparency, the management of fiscal risks, sovereign wealth funds, the management of state-owned enterprises, and political economy aspects of budgeting. The book sets out numerous examples and case studies describing good practice in public financial management, and is highly relevant for use in both advanced and developing countries.
Book Synopsis Public Financial Management and Its Emerging Architecture by : Mr. M. Cangiano
Download or read book Public Financial Management and Its Emerging Architecture written by Mr. M. Cangiano and published by International Monetary Fund. This book was released on 2013-04-05 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first two decades of the twenty-first century have witnessed an influx of innovations and reforms in public financial management. The current wave of reforms is markedly different from those in the past, owing to the sheer number of innovations, their widespread adoption, and the sense that they add up to a fundamental change in the way governments manage public money. This book takes stock of the most important innovations that have emerged over the past two decades, including fiscal responsibility legislation, fiscal rules, medium-term budget frameworks, fiscal councils, fiscal risk management techniques, performance budgeting, and accrual reporting and accounting. Not merely a handbook or manual describing practices in the field, the volume instead poses critical questions about innovations; the issues and challenges that have appeared along the way, including those associated with the global economic crisis; and how the ground can be prepared for the next generation of public financial management reforms. Watch Video of Book Launch
Author :United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency and Financial Management Publisher : ISBN 13 : Total Pages :128 pages Book Rating :4.F/5 ( download)
Book Synopsis Federal Financial Management by : United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency and Financial Management
Download or read book Federal Financial Management written by United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency and Financial Management and published by . This book was released on 2004 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Digital Solutions Guidelines for Public Financial Management by : Lorena Rivero del Paso
Download or read book Digital Solutions Guidelines for Public Financial Management written by Lorena Rivero del Paso and published by International Monetary Fund. This book was released on 2023-10-06 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Digital Solutions Guidelines for Public Financial Management (Guidelines) are intended to serve as a comprehensive reference material for the assessment, design, and improvement of digital initiatives in the public financial management (PFM) area. To support the digital transformation of PFM functions, the Guidelines are structured around three Pillars – Functional, IT Architectural, and Governance and Management. Each pillar comprises six principles, which are further broken down into one to four attributes to promote more efficient and transparent PFM operations while fostering innovation and managing digital risks. These Guidelines also allow a graduated approach to digital transformation of PFM through three levels of maturity for each Attribute – foundational, intermediate, and advanced – to help take into account country-specific contexts and capacities in digital transformation strategies.
Book Synopsis Expenditure Control by : Sailendra Pattanayak
Download or read book Expenditure Control written by Sailendra Pattanayak and published by International Monetary Fund. This book was released on 2016-04-20 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper defines and explains key stages of the government expenditure chain and describes the controls applied at each stage, including their objectives and key features as well as centralized vs. decentralized approaches in application of those controls. The paper also examines the influence of different administrative traditions on types of expenditure controls, including the authority and responsibility of various institutional actors. Finally, it discusses typical weaknesses/problems associated with different traditions of expenditure control and suggests specific measures for strengthening the control framework. While providing examples of expenditure control practices from more than 32 countries, the paper points out that more than two-thirds of the 85 low and middle income countries covered by the publicly available Public Expenditure and Financial Accountability (PEFA) assessments have weak systems of expenditure control that are also associated with higher levels of expenditure arrears and a lack of budget credibility. This paper will help public financial management practitioners to evaluate budget execution systems and identify priorities for strengthening expenditure controls. It will also usefully guide technical assistance work related to modernization of government budget execution and expenditure control systems, including the design and implementation of IT-based financial management information systems.
Book Synopsis Towards Better Financial Management by :
Download or read book Towards Better Financial Management written by and published by . This book was released on 1995 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Publication Catalog of the U.S. Department of Health and Human Services by : United States. Department of Health and Human Services
Download or read book Publication Catalog of the U.S. Department of Health and Human Services written by United States. Department of Health and Human Services and published by . This book was released on with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt:
