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4:07 am, November 26, 2014

Financial Management News

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

Open season, Medicare part B, and job cuts

Host Mike Causey will talk about the big issues facing federal employees with NARFE's David Snell and Federal Times staff writer Stephen Losey.
November 9, 2011

Wednesday - 11/09/2011, 09:50pm EST
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Public Managers versus the Wikis

Dr. Mergel discusses the managerial, cultural, behavioral, and technological issues that public managers face in starting and maintaining Wikis

Monday - 11/07/2011, 11:52am EST
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DoD budget planning systems plagued by inefficiencies

Asif Khan, director of Financial Management and Assurance Issues at the Government Accountability Office, outlines some of the challenges the Pentagon faces in order to become auditable by 2017.

Tuesday - 11/01/2011, 05:42pm EDT
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OMB, Congress to put grant-making process under more scrutiny

Rep. James Lankford (R-Okla.) said he will hold hearings to see how to make the federal grant process more transparent. The administration merged two existing boards into a new Council on Financial Assistance Reform to improve the grant-making process. HHS awarded a $32.4 million contract for IT services for grants.gov portal.

Monday - 10/31/2011, 04:20pm EDT
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GAO examines government's fiscal health

Susan Irving, director for Federal Budget Analysis at GAO, shared the findings from the GAO report, "The Federal Government's Long-Term Fiscal Outlook: Fall 2011 Update."

Friday - 10/28/2011, 07:29pm EDT
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DoJ IG: Conference muffins didn't cost $16

Last month, the Inspector General of the Department of Justice said the agency spent too much money on conferences, citing $16 muffins as an example. Today, in a revised report, the IG said the muffins didn't actually cost that much.

Friday - 10/28/2011, 04:58pm EDT

Improper payments reform bill to see ROI

The bill builds on a series proposals on improper payments, said Linda Springer, former OMB comptroller.

Wednesday - 10/26/2011, 04:23pm EDT
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Estate planning

Marc Levine, a principal of Handler-Levine, joins host Bob Leins to talk about the lifetime documents that you should have for your family's well-being.
October 24, 2011

Monday - 10/24/2011, 07:33pm EDT
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FEMA's attempts to recoup improper payments set off new problems

FEMA has recovered just $3 million of $643 million in potentially improper disaster relief aid since Hurricane Katrina. But its attempts to recoup the money are setting off one senator and threatening to erupt into a public relations snafu.

Friday - 10/21/2011, 12:37pm EDT
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Senate committee passes bills on improper payments, whistleblower protections

The new bill, passed in the Senate Homeland Security and Governmental Affairs Committee, would require more consistent reporting of improper payments by federal agencies.

Wednesday - 10/19/2011, 02:45pm EDT

Panetta wants full accounting of money in, money out by 2014

Defense Secretary Leon Panetta wants the department to have at least part of its books ready for audit well in advance of the Congressionally-mandated 2017 deadline. The edict could prove challenging for some components of DoD.

Friday - 10/14/2011, 05:24am EDT
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What's wrong with EPA's budget management?

David Trimble, director of Natural Resources and Environment Issues at GAO, discussed some of the recommendations to fix EPA's budget management.

Thursday - 10/13/2011, 07:35pm EDT
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Civil service reform, COLAs and Medicare Part B

Host Mike Causey is joined by Federal Times editor Steve Watkins, and NARFE retired benefits director David Snell.
October 12, 2011

Wednesday - 10/12/2011, 09:44pm EDT
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A comprehensive financial planning checklist

Hosts Bob Leins and John Elliot are joined on by certified financial planner Nick Onder.
October 3, 2011

Monday - 10/03/2011, 10:48pm EDT
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