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OMB's Werfel lays out new plan to follow agency money

Federal controller Danny Werfel to issue new guidance on measuring and fixing improper payments this week. OMB also is planning two pilot programs to improve how agencies receive and process vendor invoices, and to enhance intragovernmental transactions. Werfel also says the approach to financial management shared services is changing.

Tags: management , technology , Danny Werfel , OMB , Treasury , GSA , Association of Government Accountants , financial management , improper payments , Financial Systems Integration Office , CFO , Intragovernmental transactions , AGA

Monday - 02/22/2010, 06:53am EST
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Exclusive: OMB to propose major changes to financial management systems

Draft memo obtained by Federal News Radio calls for stopping new and ongoing modernization and development programs until OMB can review them. OMB also would dole out funding on a quarterly basis for ongoing projects to ensure they are meeting milestones.

Tags: management , technology , Peter Orszag , OMB , Treasury , GAO , Ira Goldstein , David Lucas , Deloitte , GCE Federal , financial management , Jason Miller

Wednesday - 06/09/2010, 05:22pm EDT
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