Question: In reading Appendix A of this chapter, you may have been struck by the fact that many governmental accounting information (GAI) software systems appear to

In reading Appendix A of this chapter, you may have been struck by the fact that many governmental accounting information (GAI) software systems appear to be incapable of handling the full reporting requirements of a governmental entity. A 2006 Market Research Report published by the Government Finance Officers Association (GFOA) titled "Budgeting Technology Solutions" categorized available software into three types: Excel Add-on, Corporate Performance Management (CPM) Systems, and Relational Systems. Write a two- to three-page paper discussing the current status of governmental accounting information (GAI) software. Describe the three types of software identified in the GFOA report. What (if any) progress has been made since the GFOA's 2006 report? Have additional types of software been identified and/or developed? What does the future hold for GAI software?

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