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AFMD-93-23R 1 (1992-11-05)

handle is hein.gao/gaobackea0001 and id is 1 raw text is: 

  L ited States
   General Accounting Office
  Washington. D.C. 20548

  Accounting and Financial
  Management Di-Asion

B-250977

November 5, 1992
                                              147925
Mr. Phil Brand
Chief Financial Officer
Internal Revenue Service

Dear Mr. Brand:

As part of our ongoing financial audit of IRS under the
Chief Financial Officers (CFO) Act of 1990, we have compiled
a list of performance indicators' used at various levels
throughout IRS. This information should be helpful to IRS
as it addresses the CFO Act's requirement for performance
measurement 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 IRS' consideration
as it prepares its first annual financial statement 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 refers to a quantity in terms of dollars,
percentages, or other numerical figures, that assists users
in making a judgment about the significance, magnitude, or
direction of change in performance.




                   GAO/AFMD-93-23R   IRS Performance Measures


C.>-'

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