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OMB's pause of financial systems had little effect on cost, schedule

GAO reviewed the administration's implementation of the July 2010 memo calling for a government-wide review of financial management projects. Auditors found about half of the projects said there was no change in cost and three-quarters said their schedule remained the same.

Tags: GAO , OMB , Tom Carper , Scott Brown , Senate Homeland and Governmental Affairs Committee , financial management systems , CFO Council , A-127 , Jason Miller , In Depth , Francis Rose , Naba Barkakati

Thursday - 03/15/2012, 05:08pm EDT
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Navy puts laser focus on audit readiness

Gladys Commons, assistant secretary of the Navy for financial management and comptroller, said the Navy hopes to have its Statement of Budgetary Resources audit-ready by the end of 2013, ahead of the Defense Department's deadline.

Tags: Navy , Gladys Commons , audit , Agency of the Month , Francis Rose

Thursday - 03/15/2012, 02:31pm EDT
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Transportation IG: FAA has made improvements in reporting jobs data under Recovery Act

Lou Dixon, the principal assistant inspector general for auditing and evaluation at the Office of the Inspector General for the Transportation Department, joined In Depth with Francis Rose to discuss a recent IG report on how FAA reported jobs data under the American Recovery and Reinvestment Act.

Tags: Transportation , Lou Dixon , In Depth , Francis Rose , FAA , ARRA , management

Tuesday - 03/13/2012, 07:36pm EDT
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GAO duplication report a 'scorecard' of agency progress

The Government Accountability Office recently reported on 51 areas in which the federal government could cut, streamline, or otherwise reduce duplication. Comptroller General Gene Dodaro joined In Depth with Francis Rose to discuss the report.

Tags: GAO , management , Gene Dodaro , In Depth , Francis Rose , duplication , overlapping programs

Monday - 03/12/2012, 08:57pm EDT
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CMS eyes $370M goal in stemming improper payments

Jon Blum, the deputy administrator and director for the Center of Medicare at CMS, joined In Depth with Francis Rose to discuss the agency's new goal of stopping $370 million in improper payments.

Tags: technology , CMS , improper payments , Jon Blum , In Depth , Francis Rose

Monday - 03/05/2012, 08:46pm EST
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DHS unification still high risk 9 years later

A check-up of how well the Homeland Security Department is unifying its 22 agencies finds the patient getting better, but still weak. The House Homeland Security Subcommittee on Oversight, Investigations and Management examined the agency's acquisition, human resources and financial management systems. While DHS has a roadmap for improvement, it may not have the tools to implement it.

Tags: DHS , homeland security , acquisition , Congress , House , technology , Rafael Borras , Bill Keating , Thomas Marino , David Maurer , GAO , Michael McCaul , Emily Kopp

Friday - 03/02/2012, 01:57pm EST
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Budget, financial management key DoD issues

Al Tucker, the executive director of the American Society of Military Comptrollers, joined Pentagon Solutions for an hour-long discussion of the Defense Department's accounting, budget and financial matters.

Tags: In Depth , Pentagon Solutions , DoD , budget , accouting , Al Tucker , American Society of Military Comptrollers

Wednesday - 02/29/2012, 05:56pm EST
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GAO: Work needed to correct errors in TARP financial statements

Gary Engel, GAO's director of financial management, says the Treasury Department's Office of Financial Stability, which implements TARP, still needs to establish a mechanism for effective implementation of its review and approval process for preparing its financial statements.

Tags: Gary Engel , GAO , OFS , TARP , financial accountability , Federal Drive , Michael OConnell , Treasure Department ,

Monday - 02/27/2012, 12:12pm EST
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GAO: Long-term savings, short-term hurdle in dollar coin switch

The federal government could save $4.4 billion over the next three decades by phasing out the $1 bill with a $1 coin, according to a new Government Accountability Office report. But the cost estimates for the first 10 years actually spell a loss for the government to the tune of $531 million.

Tags: GAO , dollar coin , Lorelei St. James , In Depth , Francis Rose , Scott Brown , Treasury

Monday - 02/20/2012, 06:19pm EST
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Werfel shares State of the Union for 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.

Tags: Danny Werfel , AGA , AGA Conference , OMB , Barack Obama , budget , Federal Drive

Thursday - 02/16/2012, 01:11pm EST
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