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6:40 pm, October 1, 2014

Special Report: Rise of the Money People

PART 4: FUTURE OF FINANCIAL MANAGEMENT
The government, as a whole, can't close its books without an audit from the Defense Department something that has eluded the agency. The goal of auditable records is not an end unto itself, but a key step to creating reliable information on which to make efficient use of taxpayer dollars. The Pentagon started on its path to an unqualified audit seven years ago and is working furiously to make it a reality by 2017. In part 4 of our special report, Federal News Radio answers questions around DoD's Congressionally-mandated requirement for a clean audit, and attempts to devine the secrets for a successful future of government spending and accountability measures.

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

DoD makes auditability a priority, but is still likely to 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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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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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

Tester: 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