Journal of Management Information and Decision Sciences (Print ISSN: 1524-7252; Online ISSN: 1532-5806)

Abstract

The First Steps in Reforming Public Financial Management through the Implementing the Government Financial Management Information System (GFMIS)

Author(s): Ahmed H. Juhi Al Saedi

 This study deals with studying the government financial management information system and introducing it and its importance, and aims to demonstrate the effect of this system on the excellence of government financial performance in government institutions. This system helps in how to utilize financial resources efficiently through the quality of accounting information provided by this system through financial statements and reports, which reflects the possibility of predicting the financial policy of the country through government programs and activities, in addition to identifying weaknesses and addressing it quickly in order to avoid the occurrence of waste and loss of public money which leads to the possibility of using the financial resources available to the state effectively and efficiently. The full implementation of the GFMIS is an important tool in the hands of the public financial administration towards optimizing the use of available resources and towards implementing government programs and activities that support economic development through improving financial performance and providing useful information that helps in monitoring the operations of the government unit. In addition, a review and study of the status of the GFMIS, the stages it passed through, and the obstacles that delayed the implementation of the system, a study of the obstacles facing the Ministry of Finance and relevant government institutions in the post-start-up phase, and how to improve and successfully implement the government financial management information system (GFMIS) in government spending units from one side , and the Ministry of Finance from other side.

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