Financial Management

  • DoD's top financial manager says the Pentagon is pressing forward to meet Congressional edicts for auditable financial statements. But constant federal budget emergencies are sapping huge amounts of energy from the financial workforce tasked with preparing for audit.

    September 17, 2012
  • Rafael Borras, the Homeland Security Department's undersecretary for management, said in an exclusive interview with Federal News Radio, improvements to back-office functions show how interdependent the agency has become over the last few years. DHS is managing its acquisition, financial management and human capital processes through a holistic approach.

    September 04, 2012
  • Ever wonder what the federal government is doing to reduce electricity use and reduce costs? Learn more about how the US federal government is leading the way in working to make its facilities more sustainable and environmentally responsible.

    August 13, 2012
  • A review of audit practices at the military's IT agency finds significant deficiencies in meeting governmentwide "yellow book" auditing standards. DISA agreed with the inspector general's findings and laid out four steps toward improvement.

    August 13, 2012
  • New legislation from several senators would let DoD reprogram funds without congressional approval.

    August 03, 2012
  • The Treasury Inspector General for Tax Administration evaluated six random reimbursable agreements IRS made with agencies and found a lot of money went uncollected.

    July 31, 2012
  • The next five to 10 years may represent a once-in-a-generation period of challenges and opportunities for the Federal government. The question isn't whether or not your organization will be affected by the shifts but whether or not your organization will be out in front of them. Reduced budgets combined with unchanged - or more complex - missions have resulted in increasing workloads, which have sent agencies searching for ways to leverage limited resources while striving to improve mission performance. So, how can agencies reduce inefficiencies and redundancies without significantly impacting their core missions?

    July 23, 2012
  • Information regarding a person's death is not always correctly transferred between the Social Security Administration's databases, according to a new report from the agency's inspector general. As a result, various agencies may be sending money to dead people or fraudsters.

    July 13, 2012
  • A congressional report released today outlines $70 billion of unspent federal dollars that could have helped disaster victims, spurred highway construction and fund education programs.

    June 07, 2012
  • The White House wants to take a more evidence- based approach to budgeting. That means agencies will have to show a return on the investment on their programs, with more successful programs being more likely to receive funding.

    June 05, 2012
  • The leaders of the Senate Homeland Security and Governmental Affairs Committee gave the acting GSA administrator 21 days to answer 41 multi-part questions about the agency's efforts to prevent waste, fraud and abuse following the now infamous Western Regions Conference. Senators also recommended the agency review all other recent GSA conferences for possible problems.

    May 15, 2012
  • Danny Werfel, the controller of the Office of Management and Budget, told In Depth with Francis Rose the newly launched Do Not Pay tool makes agencies smarter about making payments.

    April 27, 2012
  • On a voice vote, the House backed the Digital Accountability and Transparency Act, known as the DATA Act. The legislation would establish uniform standards for all recipients to report federal money and set up a single website where average Americans could search for information on how government agencies, departments and other recipients spend federal funds.

    April 26, 2012
  • The Defense Department estimates its major acquisition programs are costing $1.6 trillion, slightly less than previously estimates.

    April 02, 2012