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Search Tags: Financial management
Congressional auditors are recommending some changes to the way treasury manages the Troubled Asset Relief Program (TARP).
The House Armed Services Committee is following the success of its acquisition reform panel with a similar approach to Pentagon finances. Reps. Mike Conaway and Rob Andrews will, once again, lead the effort.
A House Armed Services Committee panel is reviewing the Pentagon's efforts to reform its auditing practices. Reps. Mike Conaway (R-Texas) and Rob Andrews (D-N.J.) head the panel, which is first trying to get a handle on the scope of the issue, Andrews told Federal News Radio's Federal Drive.
All agency bureaus will implement the Internet Payment Platform by 2012. Additionally, all Treasury vendors must submit invoices through the portal starting in 2013. The electronic invoice payment program is one of 12 initiatives to improve federal financial management.
A new survey by Grant Thornton and the Association of Government Accountants found federal financial managers want a new way to present data that is more meaningful. CFOs also said they are starting to take advantage of predictive analysis tools.
Just-retired DoD Secretary Robert Gates issued a recent memo announcing his decision about how DISA and the chief information officer's office will change. Gates said DoD will dis-establish the Networks Integration and Information office.
Tags: ACT-IAC , OMB , management , Jory Heckman , Andrew McLauchlin , cloud computing , financial management , CGI , technology , Robert Gates , Jason Miller , DoD , DISA , Teri Takai , Trey Hodgkins , CIO , people
Andrew McLauchlin, vice president at CGI Federal, spoke with Federal News Radio about ACT-IAC's four recommendations.
Beth McGrath, DoD's deputy chief management officer, said reworking acquisition regulations will include new ways to buy technology and promote agile development. The Pentagon is targeting everything from the way it buys technology to standardizing business systems in an effort to save money and become more efficient. DoD wants to standardize 15 common, commercial business processes.
The administration's government reorganization efforts are underway. Federal News Radio spoke with Pat Dalton, chief operating officer at GAO, about duplication and redundancy in the federal government.
Sen. Mark Warner proposed a web-based system to Congress to improve the way federal expenses are reported by federal agencies. It's the Senate version of a bill proposed last week in the House by Rep. Darrell Issa.
Tags: Mark Warner , Congress , Senate , management , financial management , transparency , oversight , Committee on Oversight and Government Reform , Digital Accountability and Transparency Act , Federal Accountability and Spending Transparency , Courtney Thompson