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10:29 pm, November 26, 2014

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Search Tags:  Financial management

Innovation Fellows combine new, old technologies

The White House chose nine projects for the second round of the innovation fellows program, including the 21st century Financial Systems project. This program hopes to simplify current accounting methods and minimize cost inefficiencies. Other PIF projects look to create platforms for sharing ideas within and between agencies.

Tags: financial management , managment , technology , White House , Cogan Schneier , Presidential Innovation Fellows

Tuesday - 06/25/2013, 04:31pm EDT

HUD buying into shared services; renewed push to merge DoD's CIO

In his Inside the Reporter's Notebook feature, Executive Editor Jason Miller shares news and buzz in the acquisition and IT communities that you may have missed this week.

Tags: technology , acquisition , HUD , Treasury , financial management , DoD , Bob Lentz , Defense Authorization Bill , GSA , Dan Tangherlini , industrial funding fee , Inside the Reporters Notebook , Jason Miller

Monday - 06/24/2013, 05:29am EDT
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Sequestration, budget cuts taking their toll on DoD financial managers

DoD's senior executives with responsibility for budget matters report a sudden decline in job satisfaction. No surprise: sequestration's mostly to blame.

Tags: DoD , management , sequestration , American Society of Military Comptrollers , Lou Crenshaw , Grant Thornton , workforce , financial management , auditability , Jared Serbu

Thursday - 06/20/2013, 05:50am EDT

OMB sets new deadlines to improve data on USASpending.gov

Deputy Controller Norman Dong issued a memo to CFOs detailing steps they must take over the next 17 months better track and validate data between agency financial systems and the USASpending.gov portal.

Tags: financial management , OMB , Norman Dong , USASpending.gov , Jason Miller

Thursday - 06/20/2013, 07:00am EDT

Sequestration, budget cuts taking their toll on DoD financial managers

DoD's senior executives with responsibility for budget matters report a sudden decline in job satisfaction. No surprise: sequestration's mostly to blame.

Tags: DoD , management , sequestration , American Society of Military Comptrollers , Lou Crenshaw , Grant Thornton , workforce , financial management , auditability , Jared Serbu

Thursday - 06/20/2013, 06:54am EDT

DoD using flawed approach to calculate $1.1B in improper payments

The Defense Department reported making just $1.1 billion in improper payments in fiscal 2011, a small fraction of the Pentagon's total outlays of more than $1 trillion. But, in a new report, the Government Accountability Office said those estimates are neither reliable nor statistically valid because of "longstanding and pervasive" weaknesses in DoD financial-management practices as well as specific deficiencies in the department's procedures for estimating improper payments.

Tags: GAO , improper payments , financial management , DoD , Asif Khan , In Depth , Francis Rose , Jack Moore

Monday - 06/10/2013, 05:49pm EDT
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New data could be difference-maker for move to shared services

OMB and Treasury have been working with the four federal financial management shared services providers to collect information on cost and performance. OMB Deputy Controller Norman Dong said the data will help agencies make true comparisons of the providers.

Tags: Norman Dong , technology , OMB , Lisa Schlosser , AGA , AFFIRM , shared services , financial management , Treasury , Jason Miller

Friday - 06/07/2013, 05:26am EDT
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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

Thursday - 05/09/2013, 05:49am EDT
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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

Thursday - 03/14/2013, 08:18pm EDT

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

Wednesday - 04/10/2013, 04:37am EDT
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