CFO Views on Federal Financial Management

A new survey commissioned by Grant Thornton and the Association for Government Accountants tracks the trends, issues and beliefs by CFOs related to Federal financial management.

The Millenium AGA CFO Survey: Formula for Enterprise Insight has been conducted each year since 1996.

The top areas of concern based on survey results included roles, management, technology, structure and people. Among other results, CFOs said developing partnerships with other groups and individuals is very important because these relationships foster improved approaches to planning, methods and guidelines, keep the lines of communications open and provide continued support on the overall goal of improving operations.

The second key area, measurement, was described as an activity that is much more apparent than 10 years ago, with information being both substantive and comprehensive. Besides improved data in the reliability of financial statements, there was general agreement that the quality of the data in related systems also has improved.

For a full copy of the survey, visit the link above. This is a PDF document and you will need the Adobe Acrobat reader to view it. It is available from www.adobe.com.

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