Accession Number:

AD1167232

Title:

FINANCIAL AND PERFORMANCE MANAGEMENT: More Reliable and Complete Information Needed to Address Federal Management and Fiscal Challenges

Descriptive Note:

[Technical Report, Congressional Testimony]

Corporate Author:

GOVERNMENT ACCOUNTABILITY OFFICE WASHINGTON DC

Personal Author(s):

• Dodaro, Gene L.
• Dacey, Robert F.
• Engel, Gary T.
• Mihm, J. C.

Report Date:

2013-02-10

Pagination or Media Count:

29

Abstract:

To operate as effectively and efficiently as possible and to make difficult decisions to address the federal governments management and fiscal challenges, Congress, the administration, and federal managers must have ready access to reliable and complete financial and performance information - both for individual federal entities and programs and for government as a whole. GAO is required to annually audit the consolidated financial statements of the U.S. government. In addition, GAO is required to periodically report on federal agencies efforts to increase the use of performance information in government and to take a more crosscutting and integrated perspective on performance. This testimony presents the results of GAOs recent audits and reviews related to 1 the U.S. governments consolidated financial statements for fiscal year 2012, and 2 executive branch implementation of key provisions of the GPRA Modernization Act of 2010.

Descriptors:

• business administration
• personnel management
• united states government
• law
• commerce
• congress
• department of defense
• management personnel
• national governments
• financial management
• governments
• health care
• president (united states)
• program management
• money
• organizational structure
• payment

Subject Categories:

• Administration and Management
• Economics and Cost Analysis

Distribution Statement:

[A, Approved For Public Release]