Search Tags:  Danny Werfel

Agencies fall short in reporting spending data

A House committee held a discussion on openness in government and addressed the errors made in reporting data related to spending.

Tags: Subcommittee on Technology Information Policy, Int , Elijah Cummings , The Sunlight Foundation , Ellen Miller , USDA , Christopher Smith , OMB , management , technology , Jared Serbu

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New governmentwide financial systems on tap

OMB controller Danny Werfel said the Treasury Department should be finished testing and analyzing systems in the next six months. The CFO Council highlights priorities for 2011, and among them is the further reduction of improper payments. Werfel said agencies will begin using the software tool first utilized by the Recovery Board to identify potential problems.

Tags: management , OMB , GAO , DoD , Treasury , CMS , improper payments , financial management , audit opinion , CFO Council , Recovery Act , forensic auditing , Jason Miller

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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

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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 ,

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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

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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

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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

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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

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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

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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

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