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The Defense Department's deputy chief financial officer said Friday that the department believes it will achieve the 2017 deadline to produce auditable financial statements. DoD is approaching the problem in way that makes clear that clean books are not only the responsibility of its accountants, he said.
Jay Hurt from the Department of Education joined Tom Temin live at the Association of Government Accountants National Leadership Conference.
When the economy is down, the Patent and Trademark Office receives fewer patent applications. Anthony Scardino, CFO of USPTO explains why that makes it hard to predict what managers should commit from the discretionary funds.
As CFO for HUD, Doug Criscitello is responsible for overseeing the financial management practices that ensure the U.S. Department of Housing and Urban Development meets the needs of the housing community. He tells Federal News Radio that's not so easy.
The Office of Management and Budget wants to expand the use of Extensible Business Reporting Language to expand access to structured data. However, the technology to ensure widespread adoption still has a way to go. But two pilots with industry shows it can be done.
The head of the Office of Management and Budget's Office of Federal Financial Management said the federal audit community has a powerful new tool to battle improper payments and fraud. Danny Werfel said for most citizens, battling improper payments may even trump the accounting community's holy grail of a clean audit opinion.
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A government accounting industry group spearheads development of a breakthrough in converting audit records from one proprietary format to another making the data searchable and easier to analyze. The new technique will make it possible for databases of information previously untouchable by contemporary software techniques to be mined and analyzed for new information on federal government grant spending.
President Obama has said publicly that he is a big fan of performance management, and wants to blend its practice into the day-to-day operation of the Federal Government. But what does that mean for feds who are tasked with actually making the wheels of government turn every day? The Association of Government Accountants convened a conference to discuss performance in government.
Tags: management , Department of Transportation , Linda Washington , OPM , CHCO Council , Al Reynolds , Treasury Department , CFO Council , Mike Duffy , CIO Council , Rich Beck , Department of the Interior , Performance Improvement Council , President Obama , Max Cacas
The Obama Administration is mapping out its plans for significant changes in federal financial management. Yesterday morning, the White House's top financial manager outlined those plans for his government colleagues in an appearance at the Willard Hotel.