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Do Not Pay list lacks data as implementation nears
Senate lawmakers are promising to change the laws to let agencies have easier access to the Death Master File and other key databases. Starting June 1, agencies must check the Do Not Pay list before issuing any money.
Tags: management , financial management , Danny Werfel , OMB , Richard Gregg , Treasury , Tom Coburn , Tom Carper , Senate Homeland Security and Governmental Affairs , improper payments , SSA , death master file , information sharing , Marianna LaCanfora , Jason Miller
Agencies forced to freeze office space footprint
A memo from Controller Danny Werfel requires agencies to submit a plan to maintain current total square footage for office and warehouse space. Agencies must offset any new growth by disposing of current leases.
Tags: real property , financial management , Danny Werfel , GSA , Freeze the Footprint , Lauren Larson
CFOs relying more on data, managing risk to find budget efficiencies
A new Federal News Radio survey finds agency financial managers have moved up to the next level and are using information and performance metrics to inform their decision making. Respondents say they are finding ways to use data to find efficiencies. Workforce training, retaining and hiring are among their top priorities. The survey is part of Federal News Radio's special report, Rise of the Money People.
Tags: exclusive , Rise of the Money People , management , financial management , CFO , sequestration , performance measurement , data analytics , Jason Miller
DoD makes auditability a priority, but will likely miss 2014 deadline
The Defense Department's attitude toward the importance of auditability has undergone a marked change, but experts believe compliance with its next legal deadline will be a stretch.
Tags: Rise of the Money People , DoD , audit readiness , financial management , Congress , Mike Conaway , DoD IG , Dan Blair , Tracy Porter , Grant Thornton , Jared Serbu
Agency collaboration key to saving money
As the new chairman of the Senate Governmental Affairs subcommittee that oversees the federal workforce and government efficiency, Sen. Jon Tester says he will work to improve government services by pushing for better inter-agency collaboration and smarter investments that produce results.
Tags: Jon Tester , Montana , financial management , Rise of the Money People , collaboration , duplicative programs
Data analytics improving CFOs' lines of sight for program execution
Federal chief financial officers have more foresight, insight and hindsight than ever before to make better decisions. But just as important as having these wide-ranging sight lines is how they are being translated down to the program level. Experts say agencies are slowly heading down the path of using data to make better decisions.
Tags: management , financial management , data analytics , Danny Werfel , OMB , Grant Thornton , Deloitte , Doug Criscitello , Vincent Dennis , GSA , FEMA , Treasury , data sharing , Rise of the Money People , Jason Miller
Tough budget times lead to Golden Age for the CFO
Federal finance may conjure up images of dull reports and boring people toiling away on spreadsheets. If that's what comes to mind, it may be time to revise your thinking. Doug Criscitello and Jeff Steinhoff, two former federal financial executives, spoke with Federal News Radio about the evolving workforce as part of our special report, Rise of the Money People.
Tags: Rise of the Money People , Doug Criscitello , Jeff Steinhoff , CFO , finance , workforce , financial management , Federal Drive , In Depth
Why collaboration with your agency's CFO is a smart decision
Linda Springer, former controller at the Office of Management and Budget, tells In Depth's Francis Rose why it's important for members across the C-Suite to work together.
Tags: Linda Springer , Ernst & Young , collaboration , financial management , succession planning , Rise of the Money People , In Depth , Francis Rose
5 trends and hurdles for the future of effective financial management
From shared services and data-driven decision-making, to shrinking budgets and workforces, Federal News Radio's special report, Rise of the Money People, tracks the emerging trends in effective financial management at federal agencies, and the possible hurdles that stand in the way of saving even more money.
Tags: Rise of the Money People , financial management , shared services , workforce , Clarence Crawford , Deloitte , Peggy Sherry , DHS , Jack Moore
Mica: 'Mismanagement of assets is shameful'
Congressman John Mica says his top priority as chairman of the House Oversight and Government Reform Subcommittee on Government Operations is to cut agency waste, fraud and abuse beyond just the low hanging fruit. Mica's column is part of Federal News Radio's special report, Rise of the Money People.
Tags: John Mica , Congress , duplicative programs , real property , financial management , House Oversight and Government Reform Commitee , House , Rise of the Money People
