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Search Tags: Danny Werfel
Pundits may question whether Congress should have approved $804 billion in stimulus money via the Recovery Act of 2009. But many in government have come to realize that the independent agency charged with overseeing how that money was spent -- the Recovery Accountability and Transparency Board -- has a lot to teach financial managers about ensuring transparency and rooting out waste in government spending.
Tags: Recovery Act , RAT Board , Earl Devaney , Kathleen Tighe , Michael Wood , transparency , technology , financial accountability , financial management , Rise of the Money People , Michael OConnell , OMB , oversight
Nearly 23 years after the seminal CFO Act became law, agencies have met its spirit and intent, experts say. CFOs today quickly are becoming more than just number crunchers. They are now masters of data analytics aimed at improving agencies' missions.
DoD says it's committed to making sure civilians are not furloughed in fiscal 2014, which begins in October. But if sequestration remains in place, the alternative would almost certainly be involuntary reductions in force for both civilian workers and uniformed service members, officials say.
The Office of Management and Budget has directed agencies to take full advantage of the funding flexibilities they have under law as they implement across-the-board sequestration cuts, that went into effect March 1. In an April 4 memo, OMB Controller Danny Werfel also directed agency and department leaders to be mindful of certain types of performance awards and to work with agency inspectors general before making cuts to IG offices.
The Office of Management and Budget is telling agencies to stop building costly, agency-specific systems when they modernize their financial management systems. Instead, going forward, agencies must use a federal shared-services provider when updating their accounting systems, according to a new memo from OMB Controller Danny Werfel.
News and buzz in the acquisition and IT communities that you may have missed this week.
The administration issued new guidance late Wednesday detailing specific steps agencies should take as sequestration now is one-day away. Danny Werfel, OMB's controller, told agency leaders to place "increased scrutiny" around several personnel issues, including new hires, training, travel and conferences.
The White House released its estimate on the impact of cuts from sequestration would have on each state and the District of Columbia. OMB's Danny Werfel said they still are obtaining clarity on the impact $85 billion in cuts would have on each agency.
Sen. Chuck Grassley (R-Iowa) is concerned new regulations may make whistleblowers even more reluctant to report tax fraud to the IRS. OMB Controller Danny Werfel says $85 billion in cuts under sequestration would hurt every state. Maj. Gen. Brett Williams says the U.S. Cyber Command is trying to figure how to normalize operations alongside air, land and sea capabilities. Lynn Singleton, director of environmental services at Lockheed Martin, talks about helping agencies move their email to the cloud. Dr. Milton Corn explains why The National Library of Medicine is monitoring social media.
Tags: Chuck Grassley , Senate , IRS , whistlelower , OMB , sequestration , U.S. Cyber Command , Brett Williams , Lynn Singleton , Lockheed Martin , industry , cloud , Milton Corn , National Library of Medicine , National Institutes of Health , cybersecurity , Cybersecurity Update , DoD , DoD Report , Federal Drive
Danny Werfel, the OMB controller, will issue a new policy in the coming weeks that will mandate agencies simplify their requirements before upgrading their general ledger systems. The policy also will require agencies to strongly consider one of the four federal shared service providers. OMB said it has learned lessons from the previous attempts to move agencies into these common financial management infrastructures.