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Making the Federal Government Accountable: Enforcing the Mandate for Effective Financial Management (Part II of III)
House Committee on Government Reform Subcommittee on Government Management, Information, and Technology
House Committee on Government Reform
Subcommittee on Government Management, Information, and Technology
Abstract
The Subcommittee on Government Management, Information, and Technology of the House Committee on Government Reform investigated the implementation of laws related to federal financial management in executive departments, specifically the Chief Financial Officers Act of 1990 and subsequent amendments from the Government Management Reform Act of 1994 and the Federal Financial Management Improvement Act of 1996. The report indicated that there were both material deficiencies and control weaknesses in Federal financial information which impeded the government's ability to account for and report on billions of dollars of property and assets. In response, the subcommittee recommended providing incentives for implementing effective financial management, strengthening the Inspector General's ability to carry out their financial management oversight responsibilities, and establishing an Office of Management to reinforce the President's role as Chief Executive Officer of the executive branch.
Date
1999-06-07
Document Type
House Committee Approved Report
Serial Number
106-170.H
Document Length
49 pages
Congress
106
Relation
DOI
Keywords
Committee Approved Reports
PAP Major Code
20: Government Operations
PAP Minor Code
2002: Government Efficiency, General Regulatory Policy and Bureaucratic Oversight
Related Hearings
House Committee on Government Reform, Subcommittee on Government Management, Information, and Technology, hearing on "Oversight of the Internal Revenue Service's Fiscal Year 1998 Financial Statements," 106th Cong., H.Hrg. 106-72, (1999, March 1)
House Committee on Government Reform, Subcommittee on Government Management, Information, and Technology, hearing on "Oversight of Financial Management Practices at the Department of Justice and the Federal Aviation Administration," 106th Cong., H.Hrg. 106-68, (1999, March 18)
House Committee on Government Reform, Subcommittee on Government Management, Information, and Technology, hearing on "Oversight of Financial Management Practices at the health care Financing Administration," 106th Cong., H.Hrg. 106-78, (1999, March 26)
House Committee on Government Reform, Subcommittee on Government Management, Information, and Technology, hearing on "Can the Federal Government Balance Its Books? A Review of the Federal Consolidated Financial Statements," 106th Cong., H.Hrg. 106-73, (1999, March 31)
House Committee on Government Reform, Subcommittee on Government Management, Information, and Technology, hearing on "Oversight of the Financial Management Practices at the Department of Defense," 106th Cong., H.Hrg. 106-80, (1999, May 4)
House Committee on Government Reform, Subcommittee on Government Management, Information, and Technology, hearing on "Oversight of Financial Management Practices at the Department of Justice and the Federal Aviation Administration," 106th Cong., H.Hrg. 106-68, (1999, March 18)
House Committee on Government Reform, Subcommittee on Government Management, Information, and Technology, hearing on "Oversight of Financial Management Practices at the health care Financing Administration," 106th Cong., H.Hrg. 106-78, (1999, March 26)
House Committee on Government Reform, Subcommittee on Government Management, Information, and Technology, hearing on "Can the Federal Government Balance Its Books? A Review of the Federal Consolidated Financial Statements," 106th Cong., H.Hrg. 106-73, (1999, March 31)
House Committee on Government Reform, Subcommittee on Government Management, Information, and Technology, hearing on "Oversight of the Financial Management Practices at the Department of Defense," 106th Cong., H.Hrg. 106-80, (1999, May 4)