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Search Tags: financial management
Rafael Borras spent the last four years as the undersecretary of management for the Homeland Security Department before leaving Feb. 7. He said his goal was to make DHS more business-like by making it easier to apply data to decisions. Under Borras' leadership, DHS launched the Management Cube and received its first-ever clean financial audit opinion.
Host Francis Rose talked to Mark Easton, deputy chief financial officer at the Defense Department, about DoD's efforts to reach auditability.
Members of the military are burdened by credit card debt, loans and mortgages, but they still seem to be handling their finances better than their civilian counterparts, according to a report by the Financial Industry Regulatory Authority (FINRA) Foundation.
For the first time in its history, the Homeland Security Department turned in a clean financial audit. A new DHS inspector general report, however, says the department has "significant deficiencies" in its internal control over financial reporting.
A string of recent budget crises, doomsday deadlines and last-minute deals has complicated agencies' longer-term budget planning. However, most agency budget professionals say they're plowing through the uncertainty and will be able to meet spending targets for fiscal 2015 mandated by the Office of Management and Budget, according to a recent survey by Grant Thornton and the American Association for Budget and Program Analysis.
Sen. Chuck Grassley released a report Friday, revealing fudged financial statements from the Defense Finance and Accounting Service and audit misconduct from the Inspector General's office.
In this week's edition of Agency of the Month, SSA Inspector General Patrick O'Carroll explains how his office is helping the agency save millions of dollars.
Some agency leaders who would be charged with implementing the bill are unsure the DATA Act can be brought to life successfully. Officials said the government can improve how it makes data accessible and publishes procurement and other spending information. But the DATA Act may be asking for things that aren't pragmatically possible.
Tags: management , Dick Gregg , Treasury , Jim Taylor , Labor , Norman Dong , OMB , DATA Act , Rob Portman , Senate Homeland Security and Governmental Affairs Committee , Hudson Hollester , Data Transparency Coalition , Association of Government Accountants , Data Center Consolidation Act , Jason Miller
The Office of Management and Budget rescinds CircularA-127 and issues new guidance to simplify financial system requirements. The goal is to improve quality, utility and the reliability of federal financial information.
Jamie Morin, the outgoing comptroller and President Barack Obama's nominee to be DoD's second director of Cost Assessment and Program Evaluation office, told lawmakers Thursday that the Air Force would struggle to meet the 2014 financial management deadline. Jo Ann Rooney, the nominee to be undersecretary of the Navy, said furloughs from sequestration and the government shutdown have delayed progress on several programs.
Tags: management , Congress , DoD , Jo Ann Rooney , Jamie Morin , Michael Lumpkin , audit readiness , Carl Levin , John McCain , Senate Armed Services Committee , acquisition , government shutdown , sequestration , Jason Miller , Air Force , Navy