Financial Management News 
Top News
- OMB reworking financial systems to focus on outcomes, not inputs
- Lew taps government retiree pension fund to avoid default
- OMB taps VanRoekel to lead management team
- PHOTOS: Meet the 2013 Service to America Medal Finalists
- Hagel: Accountability breakdown was leading factor in sexual assaults
- Former IRS commissioner faces questions about Tea Party
- SBA starting new lending program for veterans
- New Apple devices cleared to join DoD IT networks
- Army prioritizes access to data in fight over intelligence IT system
- DoD upends slow approval process for mobile devices
- Senior execs' bonuses under fire at agencies
- Gould moves the needle on many of VA's toughest challenges
- Tuesday federal headlines - May 21, 2013
DoD makes slow progress towards clean 2017 audit
Mark Easton, DoD's deputy chief financial officer, says the challenges toward a clean audit are significant but the Pentagon is still optimistic.
Tough budget times lead to Golden Age for the CFO
Federal finance may conjure up images of dull reports and boring people toiling away on spreadsheets. If that's what comes to mind, it may be time to revise your thinking. Doug Criscitello and Jeff Steinhoff, two former federal financial executives, spoke with Federal News Radio about the evolving workforce as part of our special report, Rise of the Money People.
How one Air Force program aims to save $1 billion
The Air Force Materiel Command is trying to save up to $1 billion through a process called High Velocity Maintenance. Dr. Steve Butler, the executive director of the Air Force Materiel Command, speaks with Francis Rose about how the process helps his agency save money.
How much cash can an efficient grants program save at your agency?
Tim Lawler, director of the grants management practice at Grant Thornton and former director of financial management at the FAA, tells the Federal Drive with Tom Temin and Emily Kopp how the grants process can be streamlined at agencies.
Recovery Board opens next frontier in financial accountability
Pundits may question whether Congress should have approved $804 billion in stimulus money via the Recovery Act of 2009. But many in government have come to realize that the independent agency charged with overseeing how that money was spent -- the Recovery Accountability and Transparency Board -- has a lot to teach financial managers about ensuring transparency and rooting out waste in government spending.
Experts discuss DoD's challenges in reaching a clean audit
Former DoD Deputy CFO Al Tucker and Asif Khan from the Government Accountability Office join Francis Rose on this week's edition of Pentagon Solutions to discuss the challenges DoD has in reaching a clean audit by 2017.
Does a bad audit really affect agency operations?
Bob Dacey, the chief accountant at the Government Accountability Office, helps Federal News Radio answer this question as part of our special report, Rise of the Money People.
CFOs relying more on data, managing risk to find budget efficiencies
A new Federal News Radio survey finds agency financial managers have moved up to the next level and are using information and performance metrics to inform their decision making. Respondents say they are finding ways to use data to find efficiencies. Workforce training, retaining and hiring are among their top priorities. The survey is part of Federal News Radio's special report, Rise of the Money People.
From islands to log cabins, agencies struggle to offload excess property
The process of disposing of properties that have outlasted their usefulness to the government continues to vex agencies. As part of the special report, Rise of the Money People, Federal News Radio examines why the government has struggled with real-property management and the reform efforts on the table that could help make a difference.
Three steps to make it out of the impenetrable (financial) fog
President Thomas Jefferson spoke of the impenetrable financial fog the federal government found itself under in 1802. Unfortunately, some things never change. Former Labor Department CFO Sam Mok says there are three steps the new director of the Office of Management and Budget should take to begin making a difference in this arena. Mok's column is part of Federal News Radio's special report, Rise of the Money People.
Shared services becoming new normal in financial modernization
When it comes to saving money, shared services providers are the new "it" thing. As part of the special report, Rise of the Money People, Federal News Radio gets the inside scoop from the head of the Interior Business Center.
CFOs exercise new muscle to impact agency performance
Nearly 23 years after the seminal CFO Act became law, agencies have met its spirit and intent, experts say. CFOs today quickly are becoming more than just number crunchers. They are now masters of data analytics aimed at improving agencies' missions.
Financial management takes center stage as agencies root out wasted billions
As federal employees are furloughed, programs and contractors are cut, and agreement on future federal budgets appears remote, efficient management of the trillions of dollars it takes to operate the government is more important than ever. In Federal News Radio's on-air and online series, "Rise of the Money People: Financial management moves front and center as agencies make the final assault on wasted billions," we shine the light on chief financial officers and their soldiers in the financial wars, their strategies and tactics for waging the fight, the current and emerging weapons in their arsenal, and how their future battles will unfold.
Timeline: The Evolution of Financial Management in the Federal Government
Building on the foundation of the Accounting and Auditing Act of 1950, Congress has increased the oversight and transparency of government spending over the years.
The Creatures From Planet Money
Although they came from Planet Money, they look and act just like the rest of us. They work alongside us, sometimes they even run the show. So, who are these Money People? Where did they come from and where are they taking us? For answers, check out Federal News Radio's week-long series on the people who make the big-bucks decision, Senior Correspondent Mike Causey says.
The cloud and the federal market
Steve Kousen, vice president of Cloud Email and Collaboration Services at Unisys will discuss what agencies and contractors can expect as they move some of their services to the cloud.
April 2, 2013
Sequestration and the clearance market
Evan Lesser, founder and director for ClearanceJobs.com, will discuss the state of hiring in the clear community, and how its being impacted by sequestration.
March 29, 2013
Furloughs, sequestration, and five day delivery
AFGE's J. David Cox, and Federal Times Senior Writer Sean Reilly will talk about the impact of sequestration and the possiblity that federal workers will be furloughed.
March 27, 2013
GSA schedules, IG audits, and more
Jonathan Aronie, partner at Sheppard Mullin joinst host Roger Waldron, for a wide ranging discussion of the GSA schedules program.
March 26, 2013
OMB mandates use of shared-service providers for agency financial systems
The Office of Management and Budget is telling agencies to stop building costly, agency-specific systems when they modernize their financial management systems. Instead, going forward, agencies must use a federal shared-services provider when updating their accounting systems, according to a new memo from OMB Controller Danny Werfel.
