WASHINGTON — President Obama is naming Daniel I.
Read more »Obama to Name Budget Official as Acting I.R.S. Chief
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Agencies not working together to quell improper payments
The Social Security Administration needs to work with other federal agencies and state government and share data to make sure Social Security payments are made properly, Office of Federal Fina
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ASMC PDI 2013 Conference Cancelled Due to Sequestration Constraints
Announcement information can be found at PDI2013.org and ASMConline.org.
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IRS issued billions in improper refunds, report says
The Internal Revenue Service issued more than $11 billion in improper payments through its Earned Income Tax Credit program last year, according to
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Succession planning crucial in financial management arena
The retirement wave will eventually hit the financial management community in the federal government just like other professions within the federal service.
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5 trends and hurdles for the future of effective financial management
All week long, as part of the Federal News Radio special report, "
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Does a bad audit really affect agency operations?
Year after year, the Government Accountability Office looks at the federal balance sheet and the bottom line is always fuzzy. We know that's not good, but does it really hurt agency operations?
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CFOs relying more on data, managing risk to find budget efficiencies
If Congress initiated the CFO Act in 1990 and the assorted laws and regulations that followed over the next 23 years to create a governmentwide foundation, then data, risk and the need to continually
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Three steps to make it out of the impenetrable (financial) fog
In April 1802, Thomas Jefferson wrote of an "impenetrable fog," much like the one that frequently blankets the nation's capital during the spring months, though the fog he referred to was perhaps not
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Financial management takes center stage as agencies root out wasted billions
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New data analytics tool gives Postal Service IG head start on cases
Investigators and auditors in the Postal Service's Office of Inspector General didn't jump at the chance to use new tools for analyzing data.
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OMB urges shared services for financial management
Having witnessed the struggles that come with large-scale, complex financial management systems, the Office of Management and Budget now wants agencies to opt instead for shared service provid
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Crisis Budgeting Creates an 'Uncertainty Tax,' Senator Says
The uncounted hours federal employees have spent planning for budget contingencies amid political and fiscal uncertainty reduce agency productivity and lower morale, witnesses told a Senate pa
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As sequestration cuts loom, unimplemented IG recommendations could save billions
Over the past few years, unimplemented agency inspector general recommendations that could potentially save the government billions of dollars have piled up.
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OMB Expands Sequestration Guidance, Increasing Scrutiny of Expenses
With just a day to go before the onset of sequestration, the Office of Management and Budget on Wednesday evening supplied federal agency heads with expanded guidance on how to begin implement
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OMB to test agency readiness to move to financial shared services
Agencies will have to take a test to measure just how ready they are to move their financial management system to a federal shared-service provider.
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AGA Releases Executive Report: 2013 Federal Financial Systems Summit Summary
Nearly 500 government financial leaders gathered at AGA's Federal Financial Systems Summit (FSS) in Washington, DC to learn about and discuss the near-term and future prospects of federal financial ma
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IRS program, interagency contracting finally removed from High-Risk list
Interagency contracting and the IRS Business Systems Modernization program are no longer considered high risk initiatives by the Government Accountability Office.
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Federal News Radio coverage of the 2013 AGA National Leadership Conference
The Association of Government Accountants' National Leadership Conference brings together fi
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Controller outlines strategy to simplify government
The chief impediments to streamlining federal functions are “parochial stakeholder interests” and a lack of urgency among managers implementing laws and programs, U.S.
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Simplified rules proposed for agencies doling out $600 billion in federal grants
To hold agencies more accountable for reducing paperwork and reducing improper payments, the Office of Management and Budget proposed consolidating federal guidance for administering some $600
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Lawmakers call on President to fill widespread IG vacancies
House and Senate lawmakers have called on President Barack Obama to fill inspector general vacancies at six large agencies, including open spots at the departments of Homeland Security and State.
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Today's GAO Publication
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GAO Cannot Audit Federal Government, Cites Department Of Defense Problems
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Thankless DOD Inspector General routinely ignored
What do you call someone with all of the authority to hold public officials accountable, but none of the power required to enforce anything?
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Shared Services Strategy from OMB and Treasury Previewed at AGA’s Third Annual Federal Financial Systems Summit
Over 400 government financial professionals gathered at AGA’s Federal Financial Systems Summit in Washington last week to learn about and to discuss the near-term and future prospects of
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Commerce's CFO, CIO collaboration paying off across the board
The Commerce Department saved more than $200 million in administrative costs over the last two years.
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Treasury jobs relocation on hold
The Treasury Department won’t start relocating hundreds of federal employees from Maryland to West Virginia until the end of 2019, according to news releases.
Treasury has put plans on hold
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AGA Federal Financial Systems Summit
Federal Financial Systems Summit
January 10, 2013 | 6 CPE Hours Available | *FREE
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Feds fail to implement fixes that could save billions
WASHINGTON - The next time you hear government officials insist they're doing all they can to save federal money or ensure safety, consider this: the U.S.
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Secretary Geithner Sends Debt Limit Letter to Congress
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CGI Cloud takes Railroad Retirement Board to the cloud for $66M
CGI Federal Inc. has won a $21 million contract to transition and host the U.S. Railroad Retirement Board’s financial management systems in the CGI Momentum Community Cloud.
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GAO: the Army payroll system is a mess
If you’ve been on Army active duty during the past couple of years, you might want to take another look at your pay stubs.
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Interior revamps business center
The Interior Department’s National Business Center has been restructured and is now the Interior Business Center, according to a Dec. 6 announcement.
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Senate votes to require DHS clean audit by 2013
The Homeland Security Department would be required to conduct and pass a full financial audit under a bill unanimously approved by the Senate on Wednesday.
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How the Air Force blew $1 billion on a dud system
The Air Force’s controller, Jamie Morin, admitted publicly in April that the service spent seven years and $1 billion on a logistics management system that had “negligible” capability.
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Werfel: Gov't avoids $47B in overpayments
The federal government avoided making $47 billion in overpayments over the last three years.
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Homeland Security achieves new level in auditability
The Homeland Security Department’s decade-long struggle to integrate components and achieve clean books passed a major milestone with the release this month of DHS’ annual financial report, offici
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Microsoft Dynamics Now Meets Gov’t Security Requirements
Microsoft recently announced the availability of cloud-based Microsoft Dynamics business services designed to meet the security and functionality requirements of U.S.
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Beef jerky, reality shows, beer: Coburn tells DoD to cut it all out
Beef jerky, a microbrewery and windmills are among the hundreds of items the Defense Department is not only spending money on, but producing each year.
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Baitman starts HHS commodity consolidation effort with HR systems
The Department of Health and Human Services soon will move its human resources systems to a federal shared service provider.
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Oracle Federal Forum Session Highlights for Federal Financial Managers
6th Annual Oracle Federal Forum
Wednesday, 14 November 2012
7:30 AM – 4:00 PM
Wardman Park Marriott
2660 Woodley Road
NW
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For Federal CFOs, the Pressure is on
Do you feel like the frog being boiled? Only four years ago, it was cool to
be in government again – but now the pot’s boiling on extra high.
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Recovery Board testing accountability tools in the cloud
WILLIAMSBURG, Va.-- The Recovery Accountability and Transparency Board had so
much success moving Recovery.gov to the cloud, it is looking there again to give
agencies a new set of accountability to
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OMB to give CIOs IT hunting license through broadening of authorities
The Office of Management and Budget is preparing to mandate changes to how
agencies designate both the title and the role of their chief information
officer.
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Federal Drive Interviews -- Oct. 10, 2012
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Pentagon at 'midfield' in bid for clean books, officials say
Invoking a Washington Redskins football metaphor, Pentagon Comptroller Robert Hale said the Defense Department is at “midfield” in its effort to meet deadlines for auditability of its financial st
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AGA Releases 2012 CFO Survey
CFO Charting a Course through Stormy Seas: The Chief Financial Officer in 2012
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GFEBS completes final Wave for Full Deployment - changes way Army does business
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AGA Research Report: Government-wide Financial Reporting
AGA Research Report Addresses Root Causes of a Material-Weakness Cited in the Audit of the U.S.
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