Financial Management
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VA's Office of Inspector General has found that the department worked hard to document its handling of the money. But weaknesses in VA's financial management systems raise questions.
July 21, 2021 -
The CFO Council’s recent strategy made succession planning one of seven strategic goals to prepare agency financial management offices for the impending future.
June 08, 2021 -
The CFO Council released a new workforce strategy to help reimagine the federal financial management workforce.
May 21, 2021 -
The projection is by no means a sure thing, but DoD financial leaders think it's achievable, based on audit findings so far and the corrective action plans that have been drafted to address them.
May 03, 2021 -
In today's Federal Newscast, the Office of Special Counsel handed down a fine and two-year ban from federal service to a former official at Housing and Urban Development.
April 07, 2021 -
On this episode of On DoD, Carmen Malone, the deputy assistant DoD inspector general for audit joins Jared Serbu to discuss the department's 2020 financial audit findings - and why there are glimmers of hope that DoD might eventually pass an audit.
March 25, 2021 -
If you think federal accounting is dull and unchanging, think again. People who do federal accounting and finance say it's a constantly moving field that requires ongoing training.
February 24, 2021 -
Irv Dennis, HUD’s chief financial officer, said his office raised employee morale, converted manual processes to digital ones and received its first clean audit in eight years.
January 04, 2021 -
Troy Edgar, the Homeland Security Department’s chief financial officer, said the Transportation Security Administration moved to the Coast Guard’s financial management shared service in October has proven to be successful, making TSA the second component to modernize.
December 11, 2020 -
The newly-reported improper payments come a year after a similar testing overhaul flagged billions of dollars in potentially unsupportable payments in DoD's military pay accounts.
November 23, 2020 -
With the backing of the Army secretary, the service inaugurated a new task force this week to reimagine how its financial management systems operate.
September 10, 2020 -
In today's Federal Newscast, lawmakers say they're ready to work with the four major federal payroll providers so they can implement an option.
September 10, 2020 -
DoD has a longstanding reputation as the only federal department that can't pass an audit. That same reputation is inhibiting the sort of recruitment it needs to help solve the problem.
July 27, 2020 -
Although unresolved audit recommendations are growing, they're mainly the result of deeper examinations, according to DoD's inspector general.
February 12, 2020 -
David Norquist, the deputy secretary of Defense, said the nascent audit process -- expensive as it is -- is largely paying for itself already.
November 21, 2019