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Search Tags: improper payments
The head of the Office of Management and Budget's Office of Federal Financial Management said the federal audit community has a powerful new tool to battle improper payments and fraud. Danny Werfel said for most citizens, battling improper payments may even trump the accounting community's holy grail of a clean audit opinion.
OMB controller understands why average citizens are simply not interested in the typical agency financial statement.
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.
Agencies are accountable for how they're run - including improper payments. We learn about how Defense is tackling the issue from Mark Easton, the Deputy Chief Financial Officer at DoD
DoD also cutting improper payments, Army off-road GPS app tracks threats
OMB is using the same data analysis tools to monitor stimulus spending at CMS to reduce their improper payments. Other agencies also are taking advantage of the lessons learned from the creation and operation of the board. Recovery.gov also will receive new features this fall to let citizens track individual projects on their own websites.
The Obama administration is attacking the $100 billion improper payments problem on yet another front.
WFED's Max Cacas reports.
President Obama has issued a memo detailing the steps agencies must take to do pre-and post-award audits on who gets federal funds. By the fall, agencies will have to check several databases to ensure the recipient is permitted to get money.
Former OMB officials say having solid data on why certain programs need to be ended or cut is key to making this initiative work. OMB directs agencies to suggest which low performing programs or those outside of the agency's mission to target for termination or reduction by Sept. 13.