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OMB redefines federal financial health

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.

Tags: Management , OMB , Danny Werfel , audits , AGA , Max Cacas

Friday - 09/17/2010, 07:41am 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 , financial management

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 , financial management , Max Cacas

Wednesday - 08/18/2010, 07:27am EDT
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DoD also cutting improper payments

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

Tags: Federal Drive , defense , DoD , Mark Easton , Suzanne Kubota

Tuesday - 08/10/2010, 09:40am EDT
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Human rights groups join Wikileaks criticism

DoD also cutting improper payments, Army off-road GPS app tracks threats

Tags: Federal Drive , DoD Update , WikiLeaks , Apps for Army ,

Tuesday - 08/10/2010, 08:40am EDT

Recovery Board's success inspires others

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.

Tags: Management , Contracting , technology , Danny Werfel , Earl Devaney , OMB , RAT Board , DoD , GSA , Senate Homeland Security and Governmental Affairs , CMS , Recovery Act , Jason Miller

Wednesday - 08/04/2010, 06:47am EDT
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Improper payments getting scrutiny at Federal agencies

The Obama administration is attacking the $100 billion improper payments problem on yet another front.

Tags: In Depth , Francis Rose , Management , OMB , Do Not Pay List , Barack Obama , Peter Orszag

Monday - 06/21/2010, 06:56pm EDT
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Vice President outlines plan to cut improper payments

WFED's Max Cacas reports.

Tags: Management , Joe Biden , OMB , Max Cacas , DorobekInsider

Friday - 06/18/2010, 05:53pm EDT
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White House tells agencies to use data analysis to reduce improper payments

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.

Tags: Management , OMB , Do Not Pay List , Barack Obama , Peter Orszag , Jason Miller

Friday - 06/18/2010, 05:19pm EDT
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OMB must sell Congress on budget cuts

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.

Tags: Management , Peter Orszag , OMB , GAO , HHS , Jonathan Breul , Robert Shea , IBM Center for the Business of Government , Grant Thornton , budget cuts , share in savings , PART , Jason Miller

Wednesday - 06/09/2010, 06:31am EDT
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