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8:25 am, September 2, 2014

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Search Tags:  Financial management

From islands to log cabins, agencies struggle to offload excess property

The process of disposing of properties that have outlasted their usefulness to the government continues to vex agencies. As part of the special report, Rise of the Money People, Federal News Radio examines why the government has struggled with real-property management and the reform efforts on the table that could help make a difference.

Tags: Dorothy Robyn , GSA , excess property , real property , financial management , Rise of the Money People

Tuesday - 04/09/2013, 06:00am EDT
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The Creatures From Planet Money

Although they came from Planet Money, they look and act just like the rest of us. They work alongside us, sometimes they even run the show. So, who are these Money People? Where did they come from and where are they taking us? For answers, check out Federal News Radio's week-long series on the people who make the big-bucks decision, Senior Correspondent Mike Causey says.

Tags: Mike Causey , workforce , federal report , financial management , Rise of the Money People

Monday - 04/08/2013, 02:00am EDT

CFOs exercise new muscle to impact agency performance

Nearly 23 years after the seminal CFO Act became law, agencies have met its spirit and intent, experts say. CFOs today quickly are becoming more than just number crunchers. They are now masters of data analytics aimed at improving agencies' missions.

Tags: management , financial management , Rise of the Money People , Danny Werfel , Joe DioGuardi , Ed Mazur , CFO Act , Chief Financial Officers , OMB , Jason Miller

Monday - 04/08/2013, 02:42am EDT
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Financial management takes center stage as agencies root out wasted billions

As federal employees are furloughed, programs and contractors are cut, and agreement on future federal budgets appears remote, efficient management of the trillions of dollars it takes to operate the government is more important than ever. In Federal News Radio's on-air and online series, "Rise of the Money People: Financial management moves front and center as agencies make the final assault on wasted billions," we shine the light on chief financial officers and their soldiers in the financial wars, their strategies and tactics for waging the fight, the current and emerging weapons in their arsenal, and how their future battles will unfold.

Tags: Rise of the Money People , Lisa Wolfe , financial management , budget

Monday - 04/08/2013, 02:37am EDT

Timeline: The Evolution of Financial Management in the Federal Government

Building on the foundation of the Accounting and Auditing Act of 1950, Congress has increased the oversight and transparency of government spending over the years.

Tags: Rise of the Money People , financial management , timeline , CFO Act , accounting , audits , Michael OConnell

Monday - 04/08/2013, 02:33am EDT

OMB mandates use of shared-service providers for agency financial systems

The Office of Management and Budget is telling agencies to stop building costly, agency-specific systems when they modernize their financial management systems. Instead, going forward, agencies must use a federal shared-services provider when updating their accounting systems, according to a new memo from OMB Controller Danny Werfel.

Tags: financial management , Danny Werfel , OMB , Jack Moore

Tuesday - 03/26/2013, 05:37pm EDT

OMB to test agency readiness to move to financial shared services

Danny Werfel, the OMB controller, will issue a new policy in the coming weeks that will mandate agencies simplify their requirements before upgrading their general ledger systems. The policy also will require agencies to strongly consider one of the four federal shared service providers. OMB said it has learned lessons from the previous attempts to move agencies into these common financial management infrastructures.

Tags: technology , OMB , Danny Werfel , shared services , financial management , Treasury , CFO Council , Jason Miller , exclusive

Friday - 02/22/2013, 05:43am EST
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CFOs remain tepid on financial shared services

An exclusive Federal News Radio survey of federal CFOs and deputy CFOs finds 55 percent of the respondents rated spending money more wisely as their top priority. But at the same time, 36 percent rated moving to the Internet Payment Portal or other financial management shared services as their fourth highest priority. CFOs also say they are using data to make better decisions and budget reductions, not sequestration, is their biggest concern.

Tags: financial management , CFO Council , Adam Goldberg , Treasury , OMB , Office of Financial Innovation and Transformation , shared services , sequestration , budget , CFO survey , In Depth with Francis Rose , Jason Miller , exclusive

Tuesday - 10/09/2012, 10:14am EDT
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Top 3 for 2013 - Winslow Wheeler on DoD financial management

Winslow Wheeler, director of the Straus Military Reform Project at the Center for Defense Information (part of the Project on Government Oversight), says the Pentagon needs to get serious about about tracking spending in 2013.

Tags: In Depth , Top 3 for 2013 , Francis Rose , Winslow Wheeler , DoD , financial management

Friday - 01/04/2013, 06:10pm EST
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