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b"Thirty years have passed since enactment of the Chief Financial Officers Act, which established the CFO position at the major agencies. Many smaller agencies have them too. The Government Accountability Office recently reviewed federal financial management. It found things have improved but a new refinements would help. Here with highlights, the GAO's Director of Financial Management and Assurance Issues Dawn Simpson joined Federal Drive with Tom Temin.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"