Financial Management

  • The Treasury Department is working toward publishing the first ever Shared Services Catalogue for financial management. It's due out in early 2015. It will list all the services offered to federal agencies, the price range and what's in and out of scope under the financial management shared services program. Adilson Jardim, senior sales consultant for Oracle, joined the Federal Drive with Tom Temin to give a few examples of how shared services not only saved billions of dollars for his company but set the stage for immense future growth.

    December 05, 2014
  • The Treasury Department isn't quite getting ready for the Christmas buying season, but it is preparing for the shared services buying season. Treasury will release a catalog of shared services early in 2015.

    November 17, 2014
  • A new memo and guidance from OMB makes four significant changes to Appendix C of Circular A-123.

    October 22, 2014
  • The Office of Management and Budget to release a memo or guidance in the second quarter of 2015 to set governmentwide expectations for how agencies will manage risk. Controller David Mader said lessons from implementing Circulars A-123 and A-11 could be expanded into agency mission areas.

    October 17, 2014
  • Federal News Radio's annual chief financial officers survey found dealing with budget reductions and workforce challenges continue to be top priorities. At the National Science Foundation, CFO Martha Rubenstein said her office completed what may be the last modernized financial management system done by the private sector.

    October 02, 2014
  • Martha Rubenstein, the National Science Foundation's chief financial officer, joins Federal News Radio for a free online chat.

    October 01, 2014
  • A long-time government financial management expert is calling it quits. Relmond Van Daniker retires as the president of the Association of Government Accountants today. During his 11-year tenure at AGA, Van Daniker helped the organization grow in membership and prominence. He also led an initiative to encourage government to create a four page citizen-centric report, which offers taxpayers information to help them make better decisions within their communities. Van Daniker joined Tom Temin on the Federal Drive to explain why he feels now is the perfect time to retire.

    September 30, 2014
  • Russell Deyo sailed through his nomination hearing before the Senate Homeland Security and Governmental Affairs Committee Wednesday. He said the Homeland Security Department needs to consolidate financial management systems so it can use the data to make strategic decisions. The committee also heard from nominees for Immigration and Customs Enforcement and USPS Board of Governors.

    September 18, 2014
  • The Office of Management and Budget and the Office of Science and Technology Policy are on track to launch a new metadata validator tool this month. They are also developing an integrated dashboard that will track agency progress on the administration's open data goals.

    July 03, 2014
  • The Obama administration looks to expand shared service usage even more by improving existing financial shared service providers and laying the groundwork for shared service governance.

    July 02, 2014
  • In this edition of Inside the Reporter's Notebook, Executive Editor Jason Miller shares news and buzz about the IT and acquisition communities. Senate lawmakers prepare to mark-up IT reform bill next week. CIO's spend time at camp where OMB and others emphasize the word of the year: effectiveness.

    June 20, 2014
  • Richard Gregg, the Fiscal Assistant Secretary, will step down in June. Treasury Secretary Jacob Lew tapped Dave Lebryk, currently the commissioner of the Bureau of the Fiscal Service, to replace him.

    May 29, 2014
  • The Air Force claims the most progress in helping the military improve financial management. But government auditors say the Defense Department's effort to get an unqualified financial audit is at risk. One reason is the shortcomings in IT systems. Federal News Radio Executive Editor Jason Miller told Federal Drive hosts Tom Temin and Emily Kopp where DoD stands as the first of two financial management deadlines approach. Read Federal News Radio's related article.

    May 14, 2014
  • The Air Force does a 180 and now predicts it will meet the September and the 2017 financial management deadlines. Government auditors and Senate lawmakers agree the key to this effort is whether the Defense Department can upgrade and improve their track record in implementing ERP systems.

    May 14, 2014
  • The Office of Financial Innovation and Transformation issued two RFIs in the last few weeks. One announced an industry day for May 21, and the other is looking for ideas to improve how the government manages and integrates data from different systems.

    May 08, 2014
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