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6:21 am, July 28, 2014

Financial Management News

The 2014 budget and "Pay for Delay"

On this week's Capital Impact show, Bloomberg Government analysts discuss President Obama's 2014 budget proposal, and patent litigation settlements involving pharmaceutical companies.
April 18, 2013

Thursday - 04/18/2013, 06:28pm EDT
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Data analytics improving CFOs' lines of sight for program execution

Federal chief financial officers have more foresight, insight and hindsight than ever before to make better decisions. But just as important as having these wide-ranging sight lines is how they are being translated down to the program level. Experts say agencies are slowly heading down the path of using data to make better decisions.

Monday - 04/15/2013, 05:30am EDT
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Why actuaries are important to your agency's financial success

Stephen Goss, chief actuary at the Social Security Administration, explains what an actuary actually does and how they can help agencies save money. This interview is part of Federal News Radio's special report, Rise of the Money People.

Friday - 04/12/2013, 02:12pm EDT
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Why collaboration with your agency's CFO is a smart decision

Linda Springer, former controller at the Office of Management and Budget, tells In Depth's Francis Rose why it's important for members across the C-Suite to work together.

Friday - 04/12/2013, 01:21pm EDT
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DoD makes auditability a priority, but will likely miss 2014 deadline

The Defense Department's attitude toward the importance of auditability has undergone a marked change, but experts believe compliance with its next legal deadline will be a stretch.

Friday - 04/12/2013, 05:28am EDT
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5 trends and hurdles for the future of effective financial management

From shared services and data-driven decision-making, to shrinking budgets and workforces, Federal News Radio's special report, Rise of the Money People, tracks the emerging trends in effective financial management at federal agencies, and the possible hurdles that stand in the way of saving even more money.

Friday - 04/12/2013, 05:22am EDT

Mica: 'Mismanagement of assets is shameful'

Congressman John Mica says his top priority as chairman of the House Oversight and Government Reform Subcommittee on Government Operations is to cut agency waste, fraud and abuse beyond just the low hanging fruit. Mica's column is part of Federal News Radio's special report, Rise of the Money People.

Friday - 04/12/2013, 04:21am EDT

Bureau of Fiscal Service primes network for influx of new customers

Kim McCoy, the bureau's chief information officer, said she's looking at how best to pre-position resources to get new agency financial management customers on board more quickly.
April 11, 2013

Thursday - 04/11/2013, 09:01pm EDT
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Budget, sequestration and jobs

On this week's Capital Impact show, Bloomberg Government analysts discuss the latest jobs report and and how sequestration is affecting the economy of Fairfax County Virginia.
April 11, 2013

Thursday - 04/11/2013, 06:42pm EDT
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HHS tries to put dent in $65 billion in improper payments

Kay Daly, the assistant inspector general for audit services at Health and Human Services, tells Federal News Radio why HHS has made so many improper payments and what the agency is doing to fix the problem.

Thursday - 04/11/2013, 04:20pm EDT
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Succession planning crucial in financial management arena

Steve Potts of the Graduate School USA explains what agencies need to do to prepare for financial management succession planning. The interview is part of Federal News Radio's special report, Rise of the Money People.

Thursday - 04/11/2013, 12:49pm EDT
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Agency collaboration key to saving money

As the new chairman of the Senate Governmental Affairs subcommittee that oversees the federal workforce and government efficiency, Sen. Jon Tester says he will work to improve government services by pushing for better inter-agency collaboration and smarter investments that produce results.

Wednesday - 04/10/2013, 06:58pm EDT

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.

Wednesday - 04/10/2013, 05:51pm EDT
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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.

Wednesday - 04/10/2013, 04:57pm EDT
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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.

Wednesday - 04/10/2013, 03:25pm EDT
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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.

Wednesday - 04/10/2013, 02:49pm EDT
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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.

Wednesday - 04/10/2013, 02:25pm EDT
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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.

Wednesday - 04/10/2013, 02:15pm EDT
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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.

Wednesday - 04/10/2013, 01:18pm EDT
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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.

Wednesday - 04/10/2013, 04:37am EDT
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