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6:27 am, November 28, 2014

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Search Tags:  Financial management

Treasury's Gregg to retire after 41 years in federal financial management

Richard Gregg, the Fiscal Assistant Secretary, will step down in June. Treasury Secretary Jacob Lew tapped Dave Lebryk, currently the commissioner of the Bureau of the Fiscal Service, to replace him.

Tags: people , financial management , Richard Gregg , Dave Lebryk , Jacob Lew , Sheryl Morrow , Treasury Department , Jason Miller

Thursday - 05/29/2014, 11:11am EDT

Air Force's progress raises DoD's confidence toward audit readiness

The Air Force does a 180 and now predicts it will meet the September and the 2017 financial management deadlines. Government auditors and Senate lawmakers agree the key to this effort is whether the Defense Department can upgrade and improve their track record in implementing ERP systems.

Tags: financial management , DoD , Bob Hale , Air Force , Jamie Morin , Robert Speer , Army , Asif Khan , GAO , audit readiness , Jason Miller

Wednesday - 05/14/2014, 04:24am EDT
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Jason Miller, Executive Editor, Federal News Radio

The Air Force claims the most progress in helping the military improve financial management. But government auditors say the Defense Department's effort to get an unqualified financial audit is at risk. One reason is the shortcomings in IT systems. Federal News Radio Executive Editor Jason Miller told Federal Drive hosts Tom Temin and Emily Kopp where DoD stands as the first of two financial management deadlines approach. Read Federal News Radio's related article.

Tags: Jason Miller , financial management , DoD , Federal Drive , Tom Temin , Emily Kopp

Wednesday - 05/14/2014, 09:43am EDT
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Treasury begins shared services quest to educate, integrate

The Office of Financial Innovation and Transformation issued two RFIs in the last few weeks. One announced an industry day for May 21, and the other is looking for ideas to improve how the government manages and integrates data from different systems.

Tags: management , financial management , OMB , Treasury , Joe Ward , Interior , HHS , Jason Miller , Bill McCabe , Government Performance Summit , Beth Angerman , The Performance Institute , Mark Reger , shared services , the Association of Government Accountants

Thursday - 05/08/2014, 04:08am EDT
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USDA joins the ranks of the financial shared services providers

The Office of Management and Budget and the Treasury Department Friday announced they recertified the departments of Interior, Treasury and Transportation and added USDA to be the support pylons of its financial management shared services initiative. GSA is no longer an approved provider, and it's unclear where its 44 customers will migrate to next.

Tags: financial management , OMB , Beth Cobert , Dick Gregg , Treasury , USDA , GSA , Jason Miller

Monday - 05/05/2014, 04:59am EDT

Treasury figuring out how the shared services pieces fit into governmentwide puzzle

In part 3 of our special report, Shared Services Revisited, Federal News Radio explores the administration's plans to ensure success in consolidating and standardizing financial systems this time around. Beth Angerman, director of Treasury's Office of Financial Innovation and Transformation (OFIT), said the goal is creating a repeatable, sustainable process for agencies to move to federal financial management providers. Over the next six months, Treasury and OMB must answer many of the outstanding questions about how this initiative will truly work.

Tags: technology , financial management , Shared Services Revisited , Treasury , OMB , Sylvia Burwell , Beth Angerman , Carlos Otal , Grant Thornton , Association of Government Accountants , Jason Miller

Thursday - 04/10/2014, 04:26am EDT
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Financial management providers ill-equipped to take on large customers

In our special report, Shared Services Revisited, OMB still must solve long-standing challenges to ensure federal providers are capable of bringing on large, cabinet level agencies. The role of the private sector is leaving some vendors unhappy, but officials say history shows their success rate with financial management system implementation to be poor.

Tags: management , financial management , Shared Services Revisited , OMB , Norman Dong , Treasury , Beth Angerman , Lisa Kazor , Savantage , Reid Jackson , Compusearch , Kevin Greer , Accenture , Joe Ward , Interior Business Center , Jason Miller

Wednesday - 04/09/2014, 04:11am EDT
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Familiar questions, few answers so far for OMB's latest financial systems effort

In part 1 of Federal News Radio's special report, this second attempt by OMB to move agencies to financial management shared services is fraught with the same obstacles of a decade ago. But OMB believes this attempt at shared services is different. The administration says budget concerns and technology advancements will help overcome these long-standing barriers.

Tags: management , technology , shared services , Beth Angerman , Treasury , OMB , Norman Dong , GSA , Lisa Kazor , Oracle , Reid Jackson , Carlos Otal , Grant Thornton , financial management , Jason Miller , Shared Services Revisited , Aaron Cornfeld

Tuesday - 04/08/2014, 04:43am EDT
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F-35 cost estimates increase in defense acquisition cost report

The Defense Department estimates its major acquisition programs are costing $1.6 trillion, slightly less than previously estimates.

Tags: DoD , acquisition , contracting , SAR , F-35 , financial management , DoD Report

Monday - 04/02/2012, 03:32pm EDT

Army prepares to undergo its first large-scale financial audit

The Army hopes to follow behind the Marine Corps in successfully passing a partial audit of its financial statements. While the service acknowledges it's unlikely to get a clean opinion on the first go-round, it is confident enough in its internal controls to give it a try.

Tags: DoD , Army , management , audit readiness , financial management , Kristyn Jones , Jared Serbu , AFCEA , Marine Corps

Thursday - 03/20/2014, 05:08am EDT
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