20 years later, CFO Act needs some freshening up

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Agency accountants fight fraud in government

AGA President Relmond Van Daniker joined the Federal Drive with Tom Temin and Amy Morris to discuss the conference, the intersection of fraud and technology and how federal managers can also benefit from better fraud-detection efforts.

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Agency financial systems still deficient

The House Oversight and Government Reform Committee found agencies manually input data into grants, contracts and loan systems. The committee also said at least 10 agencies don't have good oversight of the data quality.

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Treasury to process all invoices electronically

All agency bureaus will implement the Internet Payment Platform by 2012. Additionally, all Treasury vendors must submit invoices through the portal starting in 2013. The electronic invoice payment program is one of 12 initiatives to improve federal financial management.

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