Agency Financial Report 2008
Managing for Development Results
The Reports Consolidation Act of
2000 authorizes Federal agencies
to consolidate various reports in
order to provide performance, financial,
and related information in a more
meaningful, useful format. Since 2003,
the U.S. Agency for International
Development (USAID) has produced a
Performance and Accountability Report
(PAR) which satisfies the reporting
requirements of the following legislation:
- Inspector General (IG) Act of 1978
[Amended] – requires information on
management actions in response to
IG audits
- Federal Managers’ Financial Integrity
Act (FMFIA) of 1982 – requires
a report on the status of internal
controls and the most serious
problems
- Chief Financial Officer’s (CFO) Act
of 1990 – requires better financial
accounting and reporting
- Government Performance and Results
Act (GPRA) of 1993 – requires federal
agencies to develop strategic plans
describing their overall goals and
objectives, annual performance plans
containing quantifiable measures
of their progress, and performance
reports describing their success
- Government Management Reform Act
(GMRA) of 1994 – requires agency
audited financial statements
- Federal Financial Management
Improvement Act (FFMIA) of 1996 –
requires an assessment of the agency’s
financial management systems for
adherence to Government-wide
requirements
- Improper Payments Information Act
(IPIA) of 2002 – requires reporting on
agency efforts to identify and reduce
erroneous payments
Past Reports:
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