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Search Tags: Association of Government Accountants
Federal controller Danny Werfel to issue new guidance on measuring and fixing improper payments this week. OMB also is planning two pilot programs to improve how agencies receive and process vendor invoices, and to enhance intragovernmental transactions. Werfel also says the approach to financial management shared services is changing.
Tags: management , technology , Danny Werfel , OMB , Treasury , GSA , financial management , improper payments , Financial Systems Integration Office , shared service providers , CFO , Intragovernmental transactions , AGA
How to make sense out of a torrent of data
The Association of Government Accountants wraps up its 4th Annual "Internal Control and Fraud Conference" at the Reagan Trade Center today. AGA members are hearing from members of the federal accounting management community on topics ranging from procurement fraud to auditing. The conference kick-off featured remarks from a federal official currently "on detail" at one of the toughest jobs in the Obama Administration.
The Chairman of House Oversight and Government Reform Committee said Republicans can sound evil during the debate about whether feds are overpaid. But the bigger issue, he said, is the overall HR processes used across government. Issa said agencies need to have a right-size the workforce more easily.
A new survey by Grant Thornton and the Association of Government Accountants found federal financial managers want a new way to present data that is more meaningful. CFOs also said they are starting to take advantage of predictive analysis tools.
The Cooperative Audit Resolution and Oversight Initiative (CAROI) provides today's government officials with a concrete tool to improve programs and to deal with fiscal and programmatic challenges. Rich Rasa with Education's IG's Office explains how it works.