Financial management in the federal government requires effective data. Tasked with ensuring the financial health of the government and appropriate spending, financial managers must understand complex federal budget processes. Although some aspects of federal financial management function like a business, others are unique to federal budget processes, such as appropriations. To juggle the distinct needs of federal finance operations, financial managers must understand and employ innovative data practices.
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The Essential Role of Data in Federal Financial Management
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Read MoreFinancial management in the federal government requires effective data. Tasked with ensuring the financial health of the government and appropriate spending, financial managers must understand complex federal budget processes. Although some aspects of federal financial management function like a business, others are unique to federal budget processes, such as appropriations. To juggle the distinct needs of federal finance operations, financial managers must understand and employ innovative data practices.