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7:17 am, December 21, 2014

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OMB details new, expanded approach to fighting improper payments

A new memo and guidance from OMB makes four significant changes to Appendix C of Circular A-123.

Tags: financial management , OMB , Shaun Donovan , improper payments , oversight , Robert Shea , Grant Thornton , Jason Miller

Wednesday - 10/22/2014, 09:18am EDT

OMB following a familiar path as it shapes new financial internal controls

The Office of Federal Financial Management is updating Circular A-123 to focus on risk management and data-driven decision-making. OFFM also plans on rescinding the financial systems requirements circular, A-127, in the coming weeks.

Tags: management , financial management , A-123 , A-127 , OMB , Mike Wetklow , Treasury , David Saltiel , Flavio Menasce , improper payments , Do Not Pay portal , Association of Government Accountants

Wednesday - 09/18/2013, 05:44am EDT
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Platts calls for more controls over improper payments

The chairman of the subcommittee on federal financial management said legislation may be needed to ensure agency accounting procedures are focusing on stopping improper payments. He said progress across the government is good, but more tools are necessary. OMB is testing the Do Not Pay List and plans to launch the full portal in 2012.

Tags: management , Todd Platts , Danny Werfel , OMB , Oversight and Government Reform Committee , SSA , CMS , DoD , VA , DHS , improper payments , Do Not Pay List , Recovery audits , Jason Miller

Wednesday - 04/20/2011, 08:25am EDT
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