Use of Financial Management Information Systems to Improve Financial Management and Accountability in the Public Sector

Summary of the Proceedings of the winter 2007 ICGFM Conference 

Over the past few decades, governments and development agencies alike have invested enormous financial and human resources into automating public financial management (PFM) systems, and often the results have been less than hoped. Governments have had difficulty implementing systems, and have not achieved desired functionality. And development partners have invested large sums of money, only to find systems delayed in implementation, having limited impact, and often with real challenges to the sustainability of the systems.

On December 2-4, 2007, the International Consortium of Governmental Financial Management (ICGFM) held a two-day workshop in Washington DC entitled "Use of Financial Management Information Systems (FMIS) to Improve Financial Management and Accountability in the Public Sector". The conference goal was to share current thinking on Public Financial Management (PFM) system automation, and provide practical advice to those concerned with PFM implementation.

Use of Financial Management Information Systems to Improve Financial Management and Accountability in the P...

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