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A plan to get financial management off high risk list

Most of the systems the GAO has put on the high-risk list are customized systems that agencies have created from scratch, but a new model is emerging.

Tags: In Depth , Francis Rose , Industry Chatter , David Lucas , GCE Federal , OMB , Danny Werfel

Thursday - 10/07/2010, 08:30pm EDT
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DHS management improvements start with acquisition

Deputy Secretary Lute told the Senate Homeland Security and Governmental Affairs Committee about how DHS is improving contracting processes. Acquisition is one of three major areas that the department is focusing on to bring integration across all 22 components. Lute said part of her goal is to get off the GAO high-risk list.

Tags: contracting , management , industry , Janet Holl Lute , Daniel Akaka , Cathleen Berrick , DHS , GAO , Senate Homeland Security and Governmental Affairs , acquisition processes , Quadrennial Homeland Security Review , management integration , Jason Miller

Friday - 10/01/2010, 06:58am EDT
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Agencies struggle to make data transparent

The Office of Management and Budget wants to expand the use of Extensible Business Reporting Language to expand access to structured data. However, the technology to ensure widespread adoption still has a way to go. But two pilots with industry shows it can be done.

Tags: management , technology , OMB , Danny Werfel , AGA , FDIC , SEC , XBRL , Data transparency , Max Cacas

Friday - 09/24/2010, 07:05am EDT
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Werfel focuses on financial IT deployment

OMB controller understands why average citizens are simply not interested in the typical agency financial statement.

Tags: In Depth , Francis Rose , management , CFO Act , AICPA , OMB , Danny Werfel , improper payments ,

Wednesday - 08/18/2010, 05:25pm EDT
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OMB's Werfel sees major changes coming

The federal government's top accountant says it's time for agencies to transform the way they report on their financial health. It all starts with citizens demanding to know how their tax dollars are being spent.

Tags: management , CFO Act , AICPA , OMB , Danny Werfel , GAO , Jeanette Franzel , improper payments , Max Cacas

Wednesday - 08/18/2010, 07:27am EDT
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OMB's Werfel plugs financial modernization

Recently, Federal IT officials have been talking about important changes to the way that financial management systems at federal agencies are upgraded. But now one of the government's top financial managers is also speaking out on the need for new thinking when the time comes for modernizing those systems.

Tags: management , technology , OMB , Danny Werfel , AFFIRM , Max Cacas

Thursday - 06/24/2010, 06:03am EDT
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Financial management system updates coming

WFED's Max Cacas has more.

Tags: management , OMB , Max Cacas , Danny Werfel , DorobekInsider

Wednesday - 06/23/2010, 05:27pm EDT
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Exclusive: OMB to propose major changes to financial management systems

Draft memo obtained by Federal News Radio calls for stopping new and ongoing modernization and development programs until OMB can review them. OMB also would dole out funding on a quarterly basis for ongoing projects to ensure they are meeting milestones.

Tags: management , technology , Peter Orszag , OMB , Treasury , GAO , Ira Goldstein , David Lucas , Deloitte , GCE Federal , shared service providers , Jason Miller

Wednesday - 06/09/2010, 05:22pm EDT
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OMB to change how agencies implement financial management

WFED's Jason Miller reports.

Tags: management , technology , Peter Orszag , OMB , Treasury , Jason Miller , DorobekInsider

Wednesday - 06/09/2010, 05:38pm EDT
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The financial management of cyber risk explained

There's a new action plan available that addresses cyber security from an enterprise-wide perspective. We get details from Internet Security Alliance president and CEO, Larry Clinton.

Tags: Federal Drive , cybersecurity , mngt , Internet Security Alliance , Larry Clinton

Wednesday - 05/12/2010, 09:43am EDT
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