Chief Financial Officer FY 1994, status report and five-year plan
The Chief Financial Officers Act of 1990 (CFO Act) establishes the legal framework for improved Federal financial management. The act provides senior Government officials with clear responsibilities and requirements in key financial management areas, including leadership, organization, and reporting. The act also requires the agency CFO to prepare, and annually revise, a plan to implement the Office of Management and Budget (OMB) Federal Financial Management Status Report and Five-Year Plan. This is the third Status Report and Five-Year Plan submission to OMB by the Department of Energy (DOE). This report sets forth the Department`s plans for financial management improvements in the coming years and highlights several new, important initiatives completed or currently under way that will significantly improve the overall effectiveness of the financial management processes. Other initiatives that are under way are also detailed in this report. The Bonneville Power Administration (BPA) will submit a separate FY 1994 Status Report and Five-Year Plan; therefore, accomplishments and plans for financial management improvements for BPA are excluded from this report. This report is broken into two main parts: (1) the introductory material, which consists of this Executive Summary; an introduction to the history and mission of the Department; the CFO`s vision for financial management within the Department and the Federal Government as a whole; and a description of the Department`s financial management organization, mission, and plans and (2) the main body of the report, which is divided into the following chapters: Financial Stewardship, Full Partnership, Customer Orientation, Human Resources Management, and Technology/Information Architecture. These chapters correspond to the strategic thrust areas of the Department`s Financial Management Strategic Plan.
- Research Organization:
- Department of Energy, Washington, DC (United States). Office of the Controller
- Sponsoring Organization:
- USDOE, Washington, DC (United States)
- OSTI ID:
- 10193181
- Report Number(s):
- DOE/CR-0028; ON: DE95002534; NC: NONE; TRN: 94:010216
- Resource Relation:
- Other Information: PBD: Sep 1994
- Country of Publication:
- United States
- Language:
- English
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