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Search Tags: financial management
The Government Accountability Office says that even while the Army has made some strides toward improving its pay practices, the service is a long way off from the kind of data integrity independent experts would need to see in order to green light the systems as audit-ready.
Tags: DoD , Congress , Army , management , audit readiness , House Oversight and Government Reform Committee , Senate Committee on Homeland Security and Government , pay and benefits , workforce , GAO , Asif Khan , Kirk Zechinni , IPPS-A , Jeanne Brooks , James Watkins , DFAS , DMDC , Jared Serbu
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
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.
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.
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.
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.
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.
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.
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.
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.