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President Obama will issue an executive order in the next week detailing steps agencies must take to reduce the amount of improper payments. OMB will set up a new online dashboard to track these expenditures, similar to the one for IT projects. Executive order also will implement stricter requirements for contractors to report overpayments.
ISA and ANSI Release New Action Guide to Help Business Leaders Mitigate the Risk and Damage of Cyber Attacks, EPA hires AT&T through Networx, private cloud backup service launched
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 , Association of Government Accountants , financial management , improper payments , Financial Systems Integration Office , shared service providers , Intragovernmental transactions , AGA
Public and private sector chief financial officers should develop a budget that calculates the gross financial risk a security breach could pose to their organization. That's according to a new report from the American National Standards Institute and the Internet Security Alliance. We get details from Larry Clinton, President and CEO of the Internet Security Alliance.
The first step to transparency is a transparent process.
The administration's new high priority performance goals will have a significant impact on every area of government operations. Kathleen Turco, the chief financial officer at the General Services Administration gives us a preview.