At last, the public sector has a framework for fiscal and management reform: the Chief Financial Officers Act, the Government Performance and Results Act, the Government Management Reform Act, the Chief Information Officers Act, and the Federal Financial Management Improvement Act. What is the reaction to the new mandates? Congressional leaders are taking accounting and performance measurement seriously. Chief financial officers, once found only in industry, now help lead the way to fiscally sound, cost effective public service. Federal financial managers, no longer content to be "money police," form partnerships with program managers and financial auditors to enhance service to citizens.
Federal financial management is changing: new concepts, new solutions, new tools, and new roles for CFOs and their organizations. Public Dollars, Common Sense shows big picture changes, plus details on the personal and professional skills critical to success. Topics include new laws and guidelines, financial management systems, asset management, accounting practices, annual financial report preparation and auditing, strategic planning, performance measurement, managerial cost accounting, internal controls, and many others.
