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11:14 pm, October 24, 2014

Financial Management News

Time to fix the federal spending house of (reporting) horrors

Despite the billions spent investing in systems, financial processes are such that when you add up all the layers, it takes something akin to archaeology for a citizen to unearth a specific fact about where and how money was spent, says Federal News Radio host Tom Temin.

Tuesday - 03/04/2014, 12:46pm EST

SES shakeup and more

Senior Executives Association President Carol Bonosaro, and Federal Timres reporters Sean Reilly and Andy Medici, will discuss legislation introduced in the U.S. House, that would make it easier for agency leaders to fire senior executives.
February 19, 2014

Wednesday - 02/19/2014, 05:39pm EST
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Borras leaves DHS more integrated, on better financial path

Rafael Borras spent the last four years as the undersecretary of management for the Homeland Security Department before leaving Feb. 7. He said his goal was to make DHS more business-like by making it easier to apply data to decisions. Under Borras' leadership, DHS launched the Management Cube and received its first-ever clean financial audit opinion.

Wednesday - 02/19/2014, 03:58am EST
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How to improve cybersecurity through acquisition

Emile Monette, senior advisor for Cybersecurity for GSA's Office of Mission Assurance, and Carter Schoenberg, director of Cyber Security Services at CALIBRE systems, join host John Gilroy to talk about how to use the acquisition process to improve cybersecurity at your agency.
February 18, 2014

Tuesday - 02/18/2014, 09:08pm EST
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DoD plans dry-run financial audit for 2015

The entire military must pass a financial audit by 2017, and the military services have made slow, uneven progress toward that goal. The Pentagon plans to conduct a partial audit of the entire department next year to identify weaknesses and areas in which it should focus its energy.

Wednesday - 02/12/2014, 05:20am EST
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DoD on track to reach auditability

Host Francis Rose talked to Mark Easton, deputy chief financial officer at the Defense Department, about DoD's efforts to reach auditability.

Wednesday - 02/05/2014, 05:10pm EST
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Congress made the cuts, not the President

On this week's Capital Impact show, Bloomberg Government analysts discuss cuts made by Congress to the defense budget, and the winners and losers in this budget battle.
January 23, 2014

Thursday - 01/23/2014, 05:25pm EST
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E-Gov Fund continues to stand alone, gets boost to $16M

Senate lawmakers won out over the debate about whether or not to merge the E-Government Fund with the Federal Citizen Services Fund. DHS also receives $166 million for cybersecurity programs in the fiscal 2014 spending bill.

Tuesday - 01/21/2014, 03:56am EST

Management changes, the 2014 budget, and more

Host Mike Causey will discuss the status and duties of federal managers in 2014, with Pat Niehaus, president of the Federal Managers Association. He'll also discuss the budget situation with Federal Times writers Sean Reilly and Nicole Blake Johnson.
January 15, 2014

Wednesday - 01/15/2014, 06:22pm EST
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Post conference scandals, agencies struggle to find balance

OMB reported agencies avoided spending $3 billion on travel and conferences in 2013 as compared to 2010. Senate lawmakers are concerned how to ensure agencies don't slide back into old habits of lavish spending on conferences.

Wednesday - 01/15/2014, 04:09am EST
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Service members more financially stable than civilian counterparts

Members of the military are burdened by credit card debt, loans and mortgages, but they still seem to be handling their finances better than their civilian counterparts, according to a report by the Financial Industry Regulatory Authority (FINRA) Foundation.

Monday - 12/30/2013, 09:17am EST
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BGOV roundtable

On this week's Capital Impact show, Bloomberg Government analysts participate in a roundtable discussion of the budget deal, the Volker Rule, and Bitcoin.
December 26, 2013

Thursday - 12/26/2013, 04:13pm EST
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Investigating ideas for a better government

John Hudak and Phil Wallach with the Brookings Institution will discuss the top federal government issues in 2013, and what's ahead in the new year.
December 20, 2013

Friday - 12/20/2013, 09:23pm EST
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Inside the Reporter's Notebook - December 20, 2013

News and buzz in the acquisition and IT communities that you may have missed this week from the notebook of Executive Editor Jason Miller

Friday - 12/20/2013, 05:57pm EST

IRS vendors owe $589 million in back taxes

The Internal Revenue Service has been doing business with nearly 1,200 vendors that owe back taxes, including one unnamed contractor that owed a whopping $525 million, a new inspector general's report says.

Tuesday - 12/17/2013, 08:00pm EST

BGOV roundtable

On this week's Capital Impact show, Bloomberg Government analysts participate in a roundtable discussion of the budget deal, the Volker Rule, and Bitcoin.
December 12, 2013

Thursday - 12/12/2013, 04:13pm EST
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DHS issues first-ever clean financial audit, but IG says more work needed

For the first time in its history, the Homeland Security Department turned in a clean financial audit. A new DHS inspector general report, however, says the department has "significant deficiencies" in its internal control over financial reporting.

Thursday - 12/12/2013, 04:13pm EST
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Inside the Reporter's Notebook: Labor pinched by poor cloud contracting; Financial shared services progresses

News and buzz in the acquisition and IT communities that you may have missed this week.

Monday - 12/09/2013, 06:47am EST

OFPP's proposed increase in contractor salary cap upsets all

The Office of Federal Procurement Policy issued a memo to agencies setting the new benchmark for reimbursable costs at $952,308, up from $763,029 in 2011 for certain contractor employee salaries. The contractor cap has increased 55 percent over the last four years. OFPP blames Congress for not acting to change the formula for calculating the annual increases.

Thursday - 12/05/2013, 04:27am EST

Survey: Budget crises leave little time for long-term planning

A string of recent budget crises, doomsday deadlines and last-minute deals has complicated agencies' longer-term budget planning. However, most agency budget professionals say they're plowing through the uncertainty and will be able to meet spending targets for fiscal 2015 mandated by the Office of Management and Budget, according to a recent survey by Grant Thornton and the American Association for Budget and Program Analysis.

Wednesday - 11/27/2013, 04:48pm EST
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