Executive summary
The Association of Government Accountants (AGA) and Grant
Thornton LLP have surveyed government Association of State
Auditors, Comptrollers and Treasurers (NASACT) and the Government
of Canada joined us in 2008. The 2011 survey reports on 1,385
online and in-person interviews with federal and state financial
professionals, including 38 Canadian officials. AGA, NASACT and
Grant Thornton will publish a second report on state government in
August 2011. Risk management needs attention
In times of tight budgets and shrinking staffs, effective
management becomes critical. Small mistakes can multiply and have
global implications. Governments need new solutions to survive and
thrive – and CFOs have at their fingertips the right
concepts and processes for the challenge. One way is through
effective risk management. When focused on core missions, risk
management helps governments set priorities, avoid unneeded costs
and deliver better services to citizens.
