Financial Management Capability Model

Table of Contents

Foreword

Acknowledgements

Part I

Introduction

Financial Management

The Financial Management Capability Model

Achieving a Capability Level

Bibliography

Part II

Introduction

Level 1—The Start-Up Level

Level 2—The Control Level

Level 3—The Information Level

Level 4—The Managed Level

Level 5—The Optimizing Level

Appendices

Key Process Areas—Level 2

Organization Control Environment

Internal Controls Management

Data Management

General Accounting

Stewardship Reporting

Planning and Budgeting

Funding

Operations Control

Key Process Areas—Level 3

Financial Management Environment

Risk Management

Integrated Financial Management Systems

Management Information and Reporting

Performance Measurement

Quality Measurement

Cost Management

Resource Management

Key Process Areas—Level 4

Information Management

Organization Performance Information

Enhanced Decision Support

Quantitative Process Management

Business Line Management

Key Process Areas—Level 5

Prospective Information

Strategic Improvement Targets

Quality Improvement

Optimizing Financial Management Processes and Performance of Resources