Search Tags:  Danny Werfel

OMB shutting down financial systems office

FSIO will cease operations as of March 31. OMB controller Werfel says the organization will issue its final set of requirements and business processes by the end of the month too.

Tags: management , OMB , FSIO , GSA , financial management , Core financial requirements

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20 years later, CFO Act needs some freshening up

Tags: management , financial management , OMB , CFO Council , CFO Act , financial reporting model , Jason Miller

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IRMCO 2010 Photo Gallery

Kodak moments from Federal News Radio's coverage of IRMCO 2010 from Cambridge, Md.

Tags: IRMCO 2010 , photo gallery , Tom Temin , Vivek Kundra , Christopher Dorobek

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OMB: $687M recovered in improper agency payments

OMB said $687 million was recovered across all agencies this year in improper payments.

Tags: OMB , Darrell Issa , improper payments , White House , Jamie Blanco

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OMB pushes CFOs to lead cost-cutting effort

In a memo to agency financial managers, Danny Werfel set a July 31 deadline for three broad initiatives to reduce spending. Agency CFOs also must rank their employees' SAVE Award ideas for implementation and begin sharing best practices to root out waste, fraud and abuse.

Tags: CFO , OMB , wasteful spending , CFO Council , management , SAVE Awards , Jason Miller

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Improper payment oversight improves

Obama administration officials told Congress agencies are taking a more aggressive stance than ever in their efforts to cut improper payments. The White House has set a goal of reducing such payments by $50 billion by next fiscal year.

Tags: Congress , management , OMB , USDA , improper payments , Richard Gregg , Calvin Scovel , Jacob Lew , Treasury Department , Recovery Accountability and Transparency Board , Jared Serbu

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CBO to estimate cost of real property proposal

Rep. Darrell Issa (R-Calif.) said he supports the administration's plan to make it easier to get rid of excess property at civilian agencies.

Tags: management , Darrell Issa , Jeff Zients , Tom Carper , Jeff Denham , Doug Elmendorf , OMB , CBO , federal real property , BRAC , Jason Miller

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Civilian BRAC gains Hill support

The Obama administration Wednesday sent lawmakers a proposed bill that would create an independent commission to dispose of thousands of pieces of federal property that agencies have designated as excess. The administration also posted online a map showing the locations of more than 7,000 of the properties.

Tags: management , Congress , Jeffrey Zients , Jeff Denham , Tom Carper , OMB , BRAC , budget , excess property , Jared Serbu

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Platts calls for more controls over improper payments

The chairman of the subcommittee on federal financial management said legislation may be needed to ensure agency accounting procedures are focusing on stopping improper payments. He said progress across the government is good, but more tools are necessary. OMB is testing the Do Not Pay List and plans to launch the full portal in 2012.

Tags: management , Todd Platts , OMB , Oversight and Government Reform Committee , SSA , CMS , DoD , VA , DHS , improper payments , Do Not Pay List , Recovery audits , internal controls , Jason Miller

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OMB to flesh out details of civilian BRAC effort

The administration expects to submit a legislative proposal to Congress by the end of April outlining how they will create a board to improve the process to dispose of excess property. OMB controller Danny Werfel said the White House will follow DoD's BRAC effort in many ways. Some lawmakers question OMB's leadership in this effort.

Tags: management , Eleanor Holmes-Norton , Jeff Denham , OMB , GSA , House Transportation and Infrastructure Committee , DoD , Anthony Principi , BRAC , real property , Civilian Property Realignment Act , Jason Miller

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