The Evolution Of Federal Financial Management

The evolution of federal financial management : a review of the need to consolidate, simplify, and streamline : hearing before the Subcommittee on Government Management, Finance, and Accountability of the Committee on Government Reform, House of Representatives, One Hundred Ninth Congress, first session, June 22, 2005.

The evolution of federal financial management: a review of the need to consolidate, simplify, and streamline: hearing before the Subcommittee on Government Management, Finance, and Accountability of the Committee on Government Reform, House of Representatives, One Hundred Ninth Congress, first session, June 22, 2005.

The United States Government Printing Office (GPO) was created in June 1860, and is an agency of the U.S. federal government based in Washington D.C. The office prints documents produced by and for the federal government, including Congress, the Supreme Court, the Executive Office of the President and other executive departments, and independent agencies. A hearing is a meeting of the Senate, House, joint or certain Government committee that is open to the public so that they can listen in on the opinions of the legislation. Hearings can also be held to explore certain topics or a current issue. It typically takes between two months up to two years to be published. This is one of those hearings.

Federal Financial Management is an introductory to the federal government's financial management systems and a brief historical background. This book covers government outlays, capitalism, budget and accountability. It also looks at several historical figures that influenced the United States economic and financial system. The federal budget process, the national debt and budget deficit are examined. A brief look at the Bureau of the Budget (BOB) and Office of Management and Budget (OMB) is also provided. Various federal budget and accounting systems are reviewed including Planning-Programming-Budgeting System (PPBS), Management by Objectives (MBO), Zero-Based Budgeting (ZBB), the Government Performance and Results Act of 1993 (GPRA). Other closely related topics are also discussed.