Web www.software-risk.co.uk

The Government Accountability Office (GAO) has published a guide to help agencies meet federal mandates. The document is a checklist of core financial system requirements.

The checkist is meant to be of help to everyone involved in creating financial management systems for government agencies. This includes systems analysts, program managers, auditors and business managers.

Underlying legislation which they are to comply with is the 1996 Federal Financial Management Improvement Act.

Functionality covered includes, general ledger or account balances, payment receivables. Technical issues include configuration, operating procedures and user interfaces.

Requirements to be met are laid down by the Joint Financial Management Improvement Program.

For more info see here

(The GAO is the rough equivalent of the National Audit Office in the UK.)

Related Articles
GAO Supports SOX Cost Claims
U.S. Government Glossary
WebMethods and Common Criteria
Federally related institutions
Federal Savings and Loan Association
Federal deficit (surplus)
Federal credit agencies
Export-import Bank (Ex-IM Bank)

Similar Areas

Software Development Items

Process Improvement Items

Requirements Management Items

Public Sector Items

US Government Items

Selected Books

Keywords

Government Accountability Office

GAO

federal government

financial systems

government finance

Government audit