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Publications

AGA TOPICS Newsletter

From the National President
Jeffrey S. Hart, CGFM, CFE

Happy New Year! I’d like to begin this new year by sharing two very exciting happenings for AGA. First, we have the confirmation of the Governmental Accounting Standards Board’s (GASB) jurisdiction concerning performance reporting. Second, is my trip to meet with our sister association in Canada. I can hardly express just how grateful I am to be serving as your National President at this particularly exciting time!

On November 28, 2006, the Board of Trustees of the Financial Accounting Foundation (FAF) confirmed that the GASB has the jurisdictional authority to include “service efforts and accomplishments” in its financial accounting and reporting standard-setting activities for state and locals. I also see the FAF’s action as an important affirmation of AGA’s work to improve performance reporting.

I was proud to sign a letter to the FAF strongly supporting the continuation of GASB’s work in this area. As I’ve said before, I believe that AGA’s two performance measurement and reporting programs—our Certificate of Excellence in Accountability Reporting (CEAR) for federal agencies, and our Certificate of Excellence in Service Efforts and Accomplishments (SEA) Reporting for state and local government entities—are a critical part of the future of AGA and our profession. The FAF’s decision is a powerful shot in the arm for our efforts to improve and expand government performance measurement and reporting, and will provide real value to the American people.

For those of you who may not know, our SEA Program encourages state and local governments to regularly issue high-quality, comprehensive reports of the government’s service efforts and accomplishments, consistent with the criteria suggested by GASB. Our SEA Program helps state and local governments strengthen their reports through an extensive review and feedback process, and recognizes the best reports with a Certificate of Achievement. Our CEAR Program accomplishes a similar goal for federal agencies.

As you may recall, one of the key tenets in my plan for this year is to ensure AGA remains a model for all the important things we stand for. Obviously, performance measurement and reporting is one of those things. In that spirit, I have asked our National Office to meet a performance reporting deadline similar to that of federal agencies. That means we will complete our annual performance and accountability report (PAR) within 45 days after the end of our program year. In our case, that’s August 15, 2007.  Making this AGA policy is consistent with our stated AGA value of “integrity” in that it will ensure that we consistently walk our talk.

We will also walk our talk in the preparation of AGA’s next PAR. I have asked our National Office to apply those portions of our CEAR and SEA performance reporting criteria that we believe apply to a nonprofit organization like AGA. I have also asked that we have one of our SEA review teams evaluate our next PAR after it is completed. I expect we will benefit from the same thoughtful and valuable feedback that we give to federal, state and local governments that participate in our performance reporting programs. I also think that this process can be the first step toward demonstrating how similar criteria might be developed and used to evaluate PARs developed by other nonprofit organizations, which I envision as a huge new potential market and customer for AGA.

In November, I attended a portion of the annual professional development conference and national board meeting of our Canadian sister association, the Financial Management Institute (FMI). I was invited to attend FMI’s meetings by our Canadian friends when they visited our PDC in San Diego last summer. The purpose of these visits is to build relationships with our colleagues in other countries as part of the initiative I announced last winter to expand AGA’s influence internationally. As I’ve said before, I think AGA has much to contribute to enhancing strong financial management and accountability around the world, and thereby helping to build or maintain healthy and vibrant democracies everywhere.

Thank you again for allowing me to serve you and our profession. I look forward to seeing many of you at our Fifth Annual National Leadership Conference next month. I hope you are as excited as I am about the new year ahead of us!

 Let's Stay Excited!

 

Jeff Hart
AGA National President