Financial Management

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New strategy, A-123 update to help reduce improper payments

David Lebryk, the fiscal assistant secretary at Treasury, said a new strategy provides tools, best practices and guidance to improve federal payments.

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Department of Defense

Contractor’s dispute over cost-accounting standards has roots dating back 17 years

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Without full year budget, Navy to face $40B shortfall

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Lawmakers flag concerns with payment delays, cost overruns for Coast Guard’s new financial system

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FILE - In this Aug. 20, 2020 file photo, postal workers load their mail delivery vehicles at the Panorama city post office in Los Angeles. The Nov. 3 election will test California's commitment to voting by mail as the nation's most populous state will offer fewer in-person polling places hoping it will convince more people to cast ballots from the safety of their mailboxes during a pandemic. If it doesn't work, the state could see long lines and frustrated voters on Election Day compounded by coronavirus protocols that will make voting in person slower in a year expected to draw a big turnout. (AP Photo/Richard Vogel, File)

Postal workers reminded they cannot profit from speeches, articles or books about official duties

In today’s Federal Newscast: It looks like DoD might be underreporting what it’s spending on cloud services. CISA can expect a huge budget increase next year.

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Four years into DoD financial audits, IG says progress has stalled

The OIG says leadership is needed to get DoD’s financial improvement program back on track. And there’s reason for optimism on that front, now that several…

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FILE - A sign is displayed outside the Internal Revenue Service building May 4, 2021, in Washington. A private company, enQ, lets those who are willing to pay jump to the front of the line to get their phone calls answered at the IRS. That has attracted the attention of lawmakers who want the IRS to investigate the company's impact on the agency's phone capacity. (AP Photo/Patrick Semansky, File)

IRS’ quick wins by procurement, finance demonstrate power, value of RPA

The procurement and finance organizations have helped push the IRS toward a more innovative approach that focuses on automation to move away from repetitive, mundane tasks.

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