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Thursday, August 16, 2007

FederalNewsRadio - Ask the CFO - Sallyanne Harper (GAO)

Government Accountability Office

Sallyanne Harper - Chief Financial Officer and Chief Administrative Officer

Reporting requirements and internal controls can be cumbersome and intensive. But Harper says they do not have to take you away from fulfilling your agency's mission. She says although GAO is not subject to many of those requirements, it has decided to comply with them to meet the agency's own goal of leading by example. Harper says the key at GAO has been to drive everything from its strategic plan and not to view financial reporting as a separate line of business. GAO is also getting ready to complete its transition to the Delphi financial management system, provided through the Department of Transportation Enterprise Service Center. But far from just keeping tabs on its own finances, Harper says the GAO is also concerned about the national debt, which will be so large by 2040 that a balanced budget could require raising taxes to twice that of today's levels.

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