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124295 1 (1983-10-25)

handle is hein.gao/gaobacvjm0001 and id is 1 raw text is: PROMOTING SOUND F NANCIAL MANAGEMENT IN THE FEDERAL GOVERNMENT: 124295 THE ROLE OF FINANCIAL MANAGERS AND WHAl LIES AHEAD THROUGH THE 1990's It is a great pleasure to be here with you today to discuss the state of Financial Management in the Federal Government and what lies ahead between now and the end of this century. While here at the Comptroller's school, you will be discussing and deal- ing with the issues facing us all today and hopefully will be leaving with a deeper understanding of the task that lies ahead if we are to be successful in improving the operations of a Federal Government that is becoming increasingly more complex, Today, I would like to share my views with you on our role as managers and what we can do to improve financial management in the government. We in the General Accounting Office, as well as many of you, have been involved in a number of efforts involving every aspect of government financial management--budgetary processes, accounting systems, financial reporting, auditing, and keeping abreast of the computer explosion that is affecting each of these. I believe that even more attention to the problems in each of these areas is urgently needed in order to be responsive to the public's cry for greater accountability, a cry which was clearly evidenced by Proposition 13. As you are aware, more than ever before, citizens and public officials are asking questions about financial management and about the adequacy of control over gov- ernmental operations. They have a right to be concerned. Their questions relate directly to the capability of public officials to discharge their responsibility to the government's stockholders-- 0 1 07

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