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10:53 am, August 21, 2014

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Search Tags:  Danny Werfel

White House hints at new government priorities

The White House is offering a peek into its plans for the coming months as Barack Obama enters the third year of his presidency. Chief Performance Officer Jeffrey Zients discussed the future at the Excellence in Government conference Monday.

Tags: management , OMB , Jeffrey Zients , Vivek Kundra , Excellence in Government , Barack Obama , Max Cacas

Tuesday - 11/02/2010, 06:44am EDT
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A plan to get financial management off high risk list

Most of the systems the GAO has put on the high-risk list are customized systems that agencies have created from scratch, but a new model is emerging.

Tags: In Depth , Francis Rose , Industry Chatter , David Lucas , GCE Federal , financial management , OMB ,

Thursday - 10/07/2010, 08:30pm EDT
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Agencies struggle to make data transparent

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.

Tags: management , technology , OMB , AGA , FDIC , SEC , XBRL , financial management , Data transparency , Max Cacas

Friday - 09/24/2010, 07:05am EDT
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OMB redefines federal financial health

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.

Tags: management , improper payments , OMB , audits , AGA , Max Cacas

Friday - 09/17/2010, 07:41am EDT
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OMB begins pruning of financial systems

VA, SBA, EPA and HUD are the first to go through the review process and see dramatic changes. OMB controller Werfel said the goal for each agency is to invest only in top priorities, saving $1 billion a year by eliminating or reducing the size of agency modernization projects.

Tags: technology , management , Jeff Zients , Doug Criscitello , Roger Baker , OMB , VA , SBA , HUD , EPA , financial systems modernization , FLITE , IT Dashboard , financial systems advisory board , Jason Miller

Thursday - 09/16/2010, 06:58am EDT
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Werfel focuses on financial IT deployment

OMB controller understands why average citizens are simply not interested in the typical agency financial statement.

Tags: In Depth , Francis Rose , management , CFO Act , AICPA , OMB , improper payments , financial management

Wednesday - 08/18/2010, 05:25pm EDT
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OMB's Werfel sees major changes coming

The federal government's top accountant says it's time for agencies to transform the way they report on their financial health. It all starts with citizens demanding to know how their tax dollars are being spent.

Tags: management , CFO Act , AICPA , OMB , GAO , Jeanette Franzel , improper payments , financial management , Max Cacas

Wednesday - 08/18/2010, 07:27am EDT
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Recovery Board's success inspires others

OMB is using the same data analysis tools to monitor stimulus spending at CMS to reduce their improper payments. Other agencies also are taking advantage of the lessons learned from the creation and operation of the board. Recovery.gov also will receive new features this fall to let citizens track individual projects on their own websites.

Tags: management , contracting , technology , Earl Devaney , OMB , RAT Board , DoD , GSA , Senate Homeland Security and Governmental Affairs , CMS , Recovery Act , improper payments , Jason Miller

Wednesday - 08/04/2010, 06:47am EDT
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Financial systems overhaul on OMB's radar

The Office of Management and Budget is taking aim at approximately 30 agency financial management modernization systems. Part of the new oversight is a Financial Systems Advisory Board made up of CFOs and CIOs across the government. The administration's goals are lower costs and improve performance by addressing long standing project problems.

Tags: Max Cacas , technology , management , IT , financial management systems , OMB , Vivek Kundra , Jon Holliday , USDA , FSAB

Monday - 07/12/2010, 06:17am EDT
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OMB vows to end out of control IT projects

The administration issues two new memos focusing on all IT projects and specifically on financial management systems. OMB will issue guidance in the next month detailing how they will evaluate which programs are at most risk. OMB's Zients says programs worth more than $10 billion are significantly off track in cost, schedule or both.

Tags: technology , management , Jeff Zients , Vivek Kundra , Tom Carper , Susan Collins , Peter Orszag , OMB , VA , DHS , Energy , financial systems , project management , IT oversight , Jason Miller

Tuesday - 06/29/2010, 07:05am EDT
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