GAO checklist guides managers through financial IT rules

GAO checklist guides managers through financial IT rules

The Government Accountability Office today published a checklist of core financial system requirements to help agencies meet federal mandates.

The checklist provides questions that help capture the functional and technical requirements issued by the Joint Financial Management Improvement Program, a joint effort of GAO, the Treasury Department, the Office of Management and Budget and the Office of Personnel Management to improve federal financial management.

The questions cover such functions as general ledger or account balances, payment, receivables, and cost management and financial reporting, as well as technical requirements such as configuration, operating procedures, user interfaces and interoperability.

The checklist is designed to help the systems analysts and program managers who develop and implement financial management systems, and the auditors and managers who evaluate them, be sure the systems comply with the 1996 Federal Financial Management Improvement Act.

About the Author

Mary Mosquera is a reporter for Federal Computer Week.

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