How Long to Read How to Design a Financial Management Information System

How Long Does it Take to Read How to Design a Financial Management Information System?

It takes the average reader and 23 minutes to read How to Design a Financial Management Information System by Gerardo Uña

Assuming a reading speed of 250 words per minute. Learn more

Description

A well-functioning financial management information system (FMIS) provides timely, reliable, and comprehensive reports that support implementation of the government's fiscal policies and fiscal rules, and the formulating, controlling, monitoring, and executing of the budget. The architecture of FMISs has undergone a transformation since these systems were first developed in the 1980s. Rather than attempting to cover all or most public financial management (PFM) functions, many FMISs now focus on a few core functions such as accounting and reporting, budget execution, and cash management. Yet a survey of 46 countries shows that many face severe challenges in transforming their FMIS into an effective tool of fiscal governance. These challenges relate to weaknesses in the system's core functions, its institutional coverage, the information technology platforms it uses, and the ease of sharing data with other IT systems. This How to Note discusses how to address these chal-lenges. Replacing an FMIS with an entirely new system may not be an optimal strategy. By utilizing the latest technology, a better approach may be to update or replace one or more core modules of the system: the so-called modular approach. Implementation of an effective FMIS, however, depends on two critical preconditions: strong political motivation and commitment, and the system's ability to meet ongoing and anticipated PFM needs.

How long is How to Design a Financial Management Information System?

How to Design a Financial Management Information System by Gerardo Uña is 23 pages long, and a total of 5,819 words.

This makes it 8% the length of the average book. It also has 7% more words than the average book.

How Long Does it Take to Read How to Design a Financial Management Information System Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 31 minutes to read How to Design a Financial Management Information System aloud.

What Reading Level is How to Design a Financial Management Information System?

How to Design a Financial Management Information System is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy How to Design a Financial Management Information System?

How to Design a Financial Management Information System by Gerardo Uña is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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