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The Chief Financial Officers Act: A Mandate for Federal Financial Management Reform

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Report Type Reports and Testimonies
Report Date Sept. 1, 1991
Report No. AFMD-12.19.4
Subject
Summary:

GAO published a booklet to help agency managers and other interested parties: (1) become familiar with the Chief Financial Officers (CFO) Act of 1990, which gives the Office of Management and Budget (OMB) broad, new authority and responsibility for directing federal financial management, modernizing the government's financial management systems, and strengthening financial reporting; and (2) better understand the actions needed to successfully implement the act.

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