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AFMD-93-47R 1 (1993-03-10)

handle is hein.gao/gaobackgc0001 and id is 1 raw text is: United States GAIUD General Accountin Office Washington, D.C. 20548 Accounting and Financial Management Division B- 252376 March 10, 1993 148661 Mr. Carlton L. Brainard Chief Financial Officer U.S. Customs Service Dear Mr. Brainard: An part of our ongoing financial audit of the U.S. Customs Service (Customs) under the Chief Financial Officers (CFO) Act of 1990, we identified performance indicators' currently available or being developed to assess the performance of various functions at all levels of Customs operations. This information, which is summarized from various Customs sources, should be helpful to Customs as it addresses the CFO Act's requirements for reporting the agency's performance and the implementing guidance issued by the Office of Management and Budget (OMB). Also, we have included some observations on the development and presentation of performance measures for Customs to consider as it prepares its first annual financial statements under the CFO Act. The CFO Act calls for the systematic measurement of performance as an essential component of agency financial management systems. Building on this, OMB requires that summary information on financial and programmatic performance be included as part of the annual financial statements required by the CFO Act. OMB Bulletin 93-02 requires agencies to explain financial changes, results of operations, levels of performance, and risks and uncertainties in a self-analysis, which is referred to as the Overview of the Reporting Entity (Overview). The bulletin encourages further disclosure of performance 'An indicator (measure) refers to a qualitative or quantitative outcome or result, often measured in terms of dollars, percentages, or other numerical figures, that assists users in making judgments about the significance, magnitude, or direction of change in performance. GAO/AFMD-93-47R Customs Performance Measures

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