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Government Accountants’ Top Priorities: Enhancing Data Security and Financial Management

Explore the evolving landscape of government accounting, focusing on data security, financial information timeliness, and performance management initiatives. Discover the top issues impacting state auditors and the future trends in accounting technology.

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Government Accountants’ Top Priorities: Enhancing Data Security and Financial Management

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  1. Association of Government Accountants Top Ten List of State Issues May 20, 2009

  2. Top Ten List -- 2006 • PPEA • ENTERPRISE APPLICATION/DATA EXCHANGE STANDARDS • VITA/NORTHOP GRUMMAN • DATA SECURITY • MORE TIMELY FINANCIAL INFORMATION 2 AUDITOR OF PUBLIC ACCOUNTS

  3. Top Ten List -- 2006 • ADMINISTRATIVE DUTIES CONSOLIDATION • SUCCESSION PLANNING • PERFORMANCE MANAGEMENT • PERFORMANCE MEASUREMENTS • CONTRACT MANAGEMENT 3 AUDITOR OF PUBLIC ACCOUNTS

  4. The FUTURE -- 2006 • The State will have new accounting system within three years • There will be increasing e-commerce and data exchange between local and state government • Data security concerns will continue to grow • Financial statements will need to be completed and issued with 90 days and the single audit within 5 months • Information technology infrastructure will become a commodity 4 AUDITOR OF PUBLIC ACCOUNTS

  5. Top Ten List -- 2009 • STIMULUS MONEY -- ARRA • DATA SECURITY • VITA/NORTHOP GRUMMAN • ENTERPRISE APPLICATION/DATA EXCHANGE STANDARDS • MORE TIMELY FINANCIAL INFORMATION 5 AUDITOR OF PUBLIC ACCOUNTS

  6. Top Ten List -- 2009 • ADMINISTRATIVE DUTIES CONSOLIDATION • SUCCESSION PLANNING • PERFORMANCE MANAGEMENT / MEASURES • CONTRACT MANAGEMENT • PPEA / PPTA 6 AUDITOR OF PUBLIC ACCOUNTS

  7. The FUTURE -- 2009 • Financial statements will need to be completed and issued with 90 days and the single audit within 4 months • The State need newer accounting systems and one sole enterprise application will probably not be the answer • Data security concerns will continue to grow • There will be increasing e-commerce and data exchange between federal, local and state government • Information technology infrastructure and systems will become commodities and shared 7 AUDITOR OF PUBLIC ACCOUNTS

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