Matches in DBpedia 2016-04 for { <http://wikidata.dbpedia.org/resource/Q5588834> ?p ?o }
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- Q5588834 abbreviation "GFOAT".
- Q5588834 abstract "The Government Finance Officers Association of Texas (or GFOAT) is a professional association of state, county, and local government finance officers in Texas. The Government Finance Officers Association of Texas is the statewide organization serving all Texas municipal finance professionals, an affiliate of the nationwide Government Finance Officers Association (GFOA). Membership is open to anyone in the State of Texas actively engaged in government finance in any city, county, or special district. Its stated mission is to enhance the quality of local government finance, to assist and support local government finance professionals in Texas, and to promote the public service profession. GFOAT members are actively involved in the key issues facing cities, counties, and special districts in the State of Texas. The Chief Financial Officers Act of 1990(CFO Act) was signed into law by President George H.W. Bush. For each of 23 federal agencies, the position of chief financial officer was created. Since that time, federal efforts have been intended to improve the government's financial management and develop standards of financial performance and disclosure. Similar financial expectations exist at State and Local government levels.The chief financial officer (CFO) of a public agency is the corporate officer primarily responsible for managing the financial risks of the business or agency. This officer is also responsible for budgeting, financial planning, record-keeping, cash flow management, higher management. communicating financial performance and forecasts to the community. The title may vary, such as finance director or treasurer, from agency to agency. The CFO typically reports to the city manager or other chief executive officer.Financial reporting has multiple audiences, with a responsibility to citizens, taxpayers and voters to provide transparent accountability for use of public funds (taxes). Additionally, financial reporting must provide internal guidance to program managers to maintain budgetary control and to governing city councils and boards of directors to provide adequate financial policy guidelines.The United States government in general has sought to improve the quality of financial reporting. The Government Accounting Standards Board (GASB) has a stated mission to "establish and improve standards of state and local governmental accounting and financial reporting that will result in useful information for users of financial reports and guide and educate the public, including issuers, auditors, and users of those financial reports." Pronouncements in particular have trended to incorporate more comparable elements of business-sector. The need for and value of financial managers has increased. Over the past decades, a number of factors have created a rapidly changing environment for today's government financial managers. Beginning with the New York City financial crisis in the 1970s and 1980s, state and local governments began overhauling their financial management systems. In 1990, the Chief Financial Officers (CFO) act called for reforms that brought the goal of accountability to the forefront. The 1994 Bankruptcy of Orange County, California further underscored the need for ongoing excellence and expertise in the field of municipal finance.".
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- Q5588834 formationYear "1955".
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- Q5588834 membership "Municipal Finance Directors and Treasurers".
- Q5588834 purpose "Government Finance in Texas".
- Q5588834 status "Association".
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- Q5588834 abbreviation "GFOAT".
- Q5588834 affiliations "Government Finance Officers Association".
- Q5588834 affiliations "Texas Municipal League".
- Q5588834 formation "1955".
- Q5588834 location "Texas".
- Q5588834 membership "Municipal Finance Directors and Treasurers".
- Q5588834 name "Government Finance Officers Association of Texas".
- Q5588834 purpose "Government Finance in Texas".
- Q5588834 status "Association".
- Q5588834 website www.gfoat.org.
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- Q5588834 comment "The Government Finance Officers Association of Texas (or GFOAT) is a professional association of state, county, and local government finance officers in Texas. The Government Finance Officers Association of Texas is the statewide organization serving all Texas municipal finance professionals, an affiliate of the nationwide Government Finance Officers Association (GFOA).".
- Q5588834 label "Government Finance Officers Association of Texas".
- Q5588834 seeAlso Q1439.