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2:49 am, September 22, 2014

Financial Management News

The state of the federal market

Robin Portman, executive vice president at Booz Allen Hamilton, will discuss what contractors and agencies are dealing with as they adjust to new budget realities.
September 10, 2013

Tuesday - 09/10/2013, 10:57pm EDT
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Government charge card abuse a firing offense under new OMB guidelines

Federal employees who make illegal or improper purchases with government charge cards could face dismissal under new guidelines from the Office of Management and Budget. In a memo to the heads of agencies, OMB Director Sylvia Burwell laid out new steps to curb charge-card violations as part of the implementation of the 2012 Government Charge Card Abuse Prevention Act.

Monday - 09/09/2013, 01:33pm EDT

Small business spending and bus safety

On this week's Capital Impact show, Bloomberg Government analysts will examine how agencies are doing in meeting their small business contracting goals. They will also take a look at the challenges facing federal officials who regulate the U.S. bus industry.
September 5, 2013

Thursday - 09/05/2013, 09:27pm EDT
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Next front in fight against improper payments? Stopping payments to dead people

Senators on the Homeland Security and Governmental Affairs Committee have opened a new legislative salvo in the fight against improper payments: helping agencies stop payments to dead people. The new legislation, introduced by Sens. Tom Carper (D-Del.) and Tom Coburn (R-Okla.) the chairman and ranking member, respectively, of the committee would allow all federal agencies to access basic death data maintained by the Social Security Administration and require they use it to curb improper payments

Friday - 08/30/2013, 03:10pm EDT
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Sequestration's effect on the Judiciary

Debra Roth hosts a roundtable discussion of how sequestration has affected the judicial branch, justice, and the rule of law.
August 23, 2013

Friday - 08/23/2013, 09:38pm EDT
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Government market ground zero

Bill Gormley, president of the Gormley Group and Cameron Leuthy, senior budget analyst at Bloomberg Government, will discuss sequestration and its impact on the government and contracting.
August 20, 2013

Tuesday - 08/20/2013, 10:36pm EDT
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DoD on track to achieve audit readiness

The Pentagon is making notable progress towards its 2014 and 2017 audibility mandates, according to Beth McGrath, the Pentagon's deputy chief management officer. "It's not just the responsibility of the comptroller, for example, to achieve audit readiness," McGrath tells Federal News Radio. "It's everybody has to play."

Wednesday - 08/14/2013, 06:47pm EDT
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AP Interview: USPS eyes alcohol deliveries

AP Interview: Cash-strapped Postal Service eyes alcohol deliveries to help raise revenues

Friday - 08/02/2013, 03:16pm EDT

Government market ground zero

Bill Gormley, president of the Gormley Group and Cameron Leuthy, senior budget analyst at Bloomberg Government, will discuss sequestration and its impact on the government and contracting.
July 30, 2013

Tuesday - 07/30/2013, 10:36pm EDT
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Dodd-Frank turns 3, housing and congress

On this week's Capital Impact show, Bloomberg Government analysts will discuss what's ahead for Congress, the implementation of Dodd-Frank, and possible changes to Fannie Mae and Freddie Mac.
July 25, 2013

Thursday - 07/25/2013, 11:48pm EDT
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Faulty data may be driving Pentagon's BRAC request

The metrics used by the Defense Department to help determine whether it needs an official round of Base Realignments and Closures (BRAC) is in need of an update, according to a new report from the Government Accountability Office. Current procedures lack the precision needed to give the Pentagon accurate data on the number of excess properties it actually owns.

Thursday - 06/27/2013, 05:53am EDT

Innovation Fellows combine new, old technologies

The White House chose nine projects for the second round of the innovation fellows program, including the 21st century Financial Systems project. This program hopes to simplify current accounting methods and minimize cost inefficiencies. Other PIF projects look to create platforms for sharing ideas within and between agencies.

Tuesday - 06/25/2013, 04:31pm EDT

HUD buying into shared services; renewed push to merge DoD's CIO

In his Inside the Reporter's Notebook feature, Executive Editor Jason Miller shares news and buzz in the acquisition and IT communities that you may have missed this week.

Monday - 06/24/2013, 05:29am EDT
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DoD using flawed approach to calculate $1.1B in improper payments

The Defense Department reported making just $1.1 billion in improper payments in fiscal 2011, a small fraction of the Pentagon's total outlays of more than $1 trillion. But, in a new report, the Government Accountability Office said those estimates are neither reliable nor statistically valid because of "longstanding and pervasive" weaknesses in DoD financial-management practices as well as specific deficiencies in the department's procedures for estimating improper payments.

Monday - 06/10/2013, 05:49pm EDT
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All things SmartPay

David Shea, director of GSA's Office of Charge Card Management, gives us an update on the agency's SmartPay program.
June 3, 2013

Monday - 06/03/2013, 08:35pm EDT
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GSA's Turco moving to VHA

Kathleen Turco is leaving GSA after 11 years, including the last three as the associate administrator of governmentwide policy. She will become the CFO at the Veterans Health Administration.

Friday - 05/31/2013, 11:27am EDT

Classified spending and the economy

On this week's Capital Impact show, Bloomberg Government analysts discuss the billions of dollars spent on intelligence operations by the federal government, and the latest jobs report.
May 23, 2013

Thursday - 05/23/2013, 06:21pm EDT
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Feds helping feds

Steve Bauer, executive director of the Federal Employee Education and Assistance Fund, and Federal Times Senior Writer Stephen Losey will discuss furloughs and other issues affecting federal workers.
May 22, 2013

Wednesday - 05/22/2013, 06:39pm EDT
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White House wants to root out copycat programs - starting with STEM

The Obama administration's proposed fiscal 2014 budget called for consolidating or eliminating 116 of the government's 226 STEM initiatives and centralizing the coordination of STEM programs under just three agencies: the Education Department, the National Science Foundation and the Smithsonian Institution. The administration's STEM proposal is one of the government's first visible steps in reversing some of the duplication that riddles the federal landscape and which some lawmakers have seized on as examples of government waste.

Friday - 05/17/2013, 01:45pm EDT
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All things SmartPay

David Shea, director of GSA's Office of Charge Card Management, gives us an update on the agency's SmartPay program.
May 13, 2013

Monday - 05/13/2013, 08:35pm EDT
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