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12:02 pm, March 4, 2015

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Search Tags:  A-123

OMB's A-123 rewrite to flip risk management on its head

Mike Wetklow, an Office of Management and Budget official, said the expected changes to Circular A-123 will ask agencies to view risk management in a different way.

Tags: management , OMB , Mike Wetklow , Commerce Department , Tim Soltis , Education Department , enterprise risk management , AGA , emily kopp , Karen Hardy

Wednesday - 02/11/2015, 05:21pm EST

From 500 to 70, OMB reduces number of financial system requirements

The Office of Management and Budget rescinds CircularA-127 and issues new guidance to simplify financial system requirements. The goal is to improve quality, utility and the reliability of federal financial information.

Tags: Financial management , OMB , Norman Dong , A-127 , Shared services , Jason Miller , exclusive

Thursday - 10/24/2013, 03:57am EDT
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OMB following a familiar path as it shapes new financial internal controls

The Office of Federal Financial Management is updating Circular A-123 to focus on risk management and data-driven decision-making. OFFM also plans on rescinding the financial systems requirements circular, A-127, in the coming weeks.

Tags: management , Financial management , internal controls , A-127 , OMB , Mike Wetklow , Treasury , David Saltiel , Flavio Menasce , improper payments , Do Not Pay portal , Association of Government Accountants

Wednesday - 09/18/2013, 05:44am EDT
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