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7:28 pm, October 1, 2014

Financial Management News

What's in store for feds in 2012?

National Treasury Employees Union president Colleen M. Kelly and Federal Times reporters Sean Reilly and Andy Medici will discuss some of the big issues affecting government workers.
January 18, 2012

Wednesday - 01/18/2012, 09:30pm EST
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SEC inspector general leaving post after 4 years

The inspector general for the Securities and Exchange Commission is leaving his position after four years, during which he put the agency under harsh scrutiny and exposed serious lapses in detecting or pursuing major fraud schemes.

Tuesday - 01/17/2012, 08:50pm EST

Cutting Costs, Not Missions

How can agencies reduce inefficiencies and redundancies without significantly impacting their core missions? Hear what Robin Lineberger, John Powers and JoAnne Boutelle have to say about Merger, Acquisition and Restructuring strategies to aid Federal leaders.

Tuesday - 01/03/2012, 03:00pm EST
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Treasury to end paper savings bonds

Beginning Jan. 1, the department will discontinue paper U.S. savings bonds in favor of an all-electronic format. The move has been planned for a number of months, but Treasury "reiterated" the move this week with an announcement on its website and a timeline presenting the 76-year history of the bonds.

Wednesday - 12/28/2011, 06:47pm EST

Federal financial report is in, but GAO offers no opinion

Robert Dacey, the Government Accountability Office's chief accountant, breaks down the reasons why GAO was unable to render an opinion on the federal government's consolidated financial report.

Wednesday - 12/28/2011, 10:02am EST
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GAO cannot give opinion on federal government's finances

The Government Accountability Office said it cannot render an opinion on the federal government's 2011 consolidated financial statements due to "widespread material internal control weaknesses, significant uncertainties, and other limitations," according to a GAO release.

Friday - 12/23/2011, 01:36pm EST

GAO examines Navy, Marines financial management

Asif Khan joined In Depth with Francis Rose to discuss a recent GAO report examining those services' financial-management issues.

Thursday - 12/22/2011, 08:18pm EST
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DoD plans more formalized training for financial managers

The Pentagon has standardized, course-based training and certification programs for its acquisition workforce. DoD's CFO wants comparable standards for the department's financial management community.

Wednesday - 12/21/2011, 08:30am EST
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Coburn report identifies nearly $7B in wasteful government spending

Among the report's outline of wasteful spending were more than $35 million in wasteful spending on political conventions, $14 million on an Air Force green construction project that was victim to "poor planning," and $4.68 billion identified by the final report of the Commission on Wartime Contracting on contracting waste in Iraq and Afghanistan.

Tuesday - 12/20/2011, 11:02am EST

Financial troubles leading cause of security clearance loss

Holly Petraeus, director of the consumer Financial Protection Bureau's Office of Servicemember Affairs, says bad credit rating, the rough housing market and poor financial management are just a few of the issues that military personnel face.

Thursday - 12/15/2011, 07:39am EST

Johnson: GSA testbed of energy efficiency, savings

Host Roger Waldron is joined by Martha Johnson, administrator for the General Services Administration.
December 13, 2011(Encore presentation December 27, 2011)

Tuesday - 12/13/2011, 10:28pm EST
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Education wants to put financial management in the cloud

The agency has released an RFI asking for infrastructure and platform-as-a-service options.

Thursday - 12/01/2011, 04:21pm EST

Senate wants new legal deadline for DoD audits

Defense Secretary Leon Panetta has told DoD he wants it to be ready for a partial audit by 2014. The Senate this week is considering taking that goal and making it law.

Wednesday - 11/30/2011, 11:04am EST
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Update on GSA's SmartPay program

Host Mark Amtower is joined by David Shea, director of GSA's Office of Charge Card Management. They will discuss how agencies use the SmartPay 2 charge card program.
November 21, 2011(Encore presentation December 12, 2011)

Monday - 11/21/2011, 08:20pm EST
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23 of 24 agencies get financial audit opinions

For the first time in 20 years, audits reviewed and gave an opinion for every civilian agency. Only DoD doesn't have a qualified or clean audit opinion.

Monday - 11/21/2011, 03:11pm EST

Are agency CFOs up for budget battles?

By and large, federal budget managers remain satisfied with their jobs, said Jonathan Stehle is the president of the American Association for Budget and Program Analysis. The next challenge is better linking performance data with the budgeting process, he said in an interview on In Depth with Francis Rose.

Friday - 11/18/2011, 06:06pm EST
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Leadership from the top, well-trained workforce are key to DoD audits, experts say

The Pentagon faces an uphill climb in getting ready for an audit of its consolidated financial statements by 2017, outside experts said Thursday. Nonetheless, the goal is achievable if the push is sustained by future secretaries of Defense.

Friday - 11/18/2011, 10:54am EST
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How agencies cut $18B in improper payments

The White House says federal agencies stopped nearly $18 billion in improper payments in fiscal 2011. Danny Werfel, controller at OMB, explained how agencies did it.

Wednesday - 11/16/2011, 07:26pm EST
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Agencies cut improper payments by $18 billion

Most of the fiscal 2011 reductions came from the departments of Education, Agriculture and Health and Human Services. The administration also announced new steps aimed at improving how agencies use suspension and debarment to deal with unreliable contractors and grant recipients.

Tuesday - 11/15/2011, 04:36pm EST
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House bill targets fraud and abuse in Medicare

Reps. John Carney (D-Del.) and Peter Roskam (R-Ill.) introduced a bill today that aims to fight waste and fraud in Medicare and Medicaid payments.

Friday - 11/11/2011, 02:47pm EST
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