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113717 1 (1980-03-03)

handle is hein.gao/gaobacusv0001 and id is 1 raw text is: 4 . REMARKS OF ELMEP B. STAATS COMPTROLLER GENERAL OF THE UNITED STATES AT THE JOINT FINANCIAL MANAGEMENT IMPROVEMENT PROCRAM NINTH ANNUAL FINANCIAL MANAGEMENT CONFERENCE WASHINGTON, D.C. MARCH 3, 1980 JACCUPATE INFORMATION - GOVEPNMENT MANAGERS CANNOT DO WITHOUT IT It is a great pleasure to address the JFMIP Annual Financial Management Conference. These conferences were started only 9 years ago but in those few years they have become one of the most important events on the financial management calendar and I am very pleased to be a part of this one. THE EFFECT OF POOR INFORMATION ON MANAGEMENT DECISIONS My subject today is information, or more particularly the lack of the right kind of information and how this lack affects the way our Government functions. Currently, the media is filled with news stories of mis- management of various Federal programs, projects, and depart- ments. These stories emphasize the general inadequacies of financial controls as well as cost overruns, missed deadlines, the poor quality of government services, and fraud involving Federal funds. And these news reports have strengthened the popular fear that the Federal Government is poorly managed and that it may be uncontrollable.