CFO Council

• OMB pushes CFOs to lead cost-cutting effort

  In a memo to agency financial managers, Danny Werfel set a July 31 deadline for three broad initiatives to reduce spending. Agency CFOs also must rank their employees\' SAVE Award ideas for implementation and begin sharing best practices to root out waste, fraud and abuse.

  Budget

  June 30, 2011
• New governmentwide financial systems on tap

  OMB controller Danny Werfel said the Treasury Department should be finished testing and analyzing systems in the next six months. The CFO Council highlights priorities for 2011, and among them is the further reduction of improper payments. Werfel said agencies will begin using the software tool first utilized by the Recovery Board to identify potential problems.

  Budget

  January 12, 2011
• Performance management on agencies’ front burners

  President Obama has said publicly that he is a big fan of performance management, and wants to blend its practice into the day-to-day operation of the Federal Government. But what does that mean for feds who are tasked with actually making the wheels of government turn every day? The Association of Government Accountants convened a conference to discuss performance in government.

  Budget

  April 29, 2010
• Agencies count on federal financial managers

  In the federal government, they wield spreadsheets, strive for \"clean audit opinions\", and are the first line of defense in accounting for the spending of taxpayer dollars. \"They\" are the top federal CFOs and financial managers, and yesterday, they met here in Washington to discuss their profession.

  Budget

  March 24, 2010
• Agencies get glimpse of the future of grants management

  Implementation plan details short, medium and long term goals

  Defense

  February 03, 2009