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Search Tags: financial management
Danny Werfel, controller at the Office of Management and Budget, spoke to The Federal Drive with Tom Temin from the Association of Government Accountants National Leadership conference, where he'll deliver a report on federal finance.
The tough federal budget picture is on the minds of lots of people there. Doug Webster, former chief financial officer at the Labor Department and now a partner at CSC, knows how to do that better than most government financial leaders. In 2004, he helped Iraq's new transportation ministry set up and run its billion-dollar budget.
The agency hired CGI Federal to move its application from the Interior Department to the private cloud.
Beryl Davis, the director of financial management and assurance issues at GAO, joined In Depth with Francis Rose to discuss the findings of a recent report detailing how agencies cut improper payments.
The Postal Service said large losses would continue until the agency can trim its workforce, close some facilities, and restructure its healthcare program. The Postal Service posted a total loss of $5.1 billion in fiscal 2011.
Anne Reed, the chairman of the board of ASI Government, joined In Depth with Francis Rose to discuss the 2013 budget request and its impact on technology and financial management.
The Treasury Department and Recovery Accountability and Transparency Board are preparing to expand the use of new software and analytical applications this year. OMB Controller Danny Werfel said agency progress is coming along, but needs help from Congress to make it easier to share information among agencies.
A special House panel finds DoD's audit plan is credible, but successful implementation will depend on commitment of Defense components and future leaders.
Tags: DoD , Congress , House Armed Services Committee , management , Auditability , CFO , CFO Act , Robert Hale , Mike Conaway , Adam Smith , financial improvement and readiness plan , statement of budgetary resources , Senior Executives Service , workforce , budget , Jared Serbu , DoD Report
Agency chief financial officers and deputy CFOs said their top three priorities and challenges all revolve around improving how their agency manages spending, according to an exclusive online survey by Federal News Radio. Agencies expect the 2013 budget request to include significant cuts in across-the-board discretionary spending. CFOs and deputy CFOs also said they are concerned whether their workforces are adequately trained to meet the job's growing demands.
The Government Accountability Office said it cannot render an opinion on the federal government's 2011 consolidated financial statements due to "widespread material internal control weaknesses, significant uncertainties, and other limitations," according to a GAO release.