Financial management

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

The Coast Guard officially transitioned to the new system in January, but technical issues have led to a backlog of invoices.

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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

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Amelia Brust/Federal News Network

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

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GSA’s financial ship is shaped by Badorrek’s seven-year tenure as CFO

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Amelia Brust/Federal News NetworkNavy

DoD chief financial officers can help link ‘the boardroom to the battlespace’

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(AP Photo/Susan Walsh)Joe Biden

Biden administration details initial vision, three top priorities under President’s Management Agenda

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Amelia Brust/Federal News NetworkNavy

Pentagon inches closer to clean financial audit

In today’s Federal Newscast, the Department of Defense is still years away from being able to pass a financial audit. But this year’s results show some…

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Amelia Brust/Federal News Network

Training marketplace for federal financial management employees to be in place by early 2022

A new request for information from the CFO Council hopes to attract education and training providers to create an on-demand marketplace.

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Legacy financial management federal providers must define their roles in new approach

Matt Miller, the acting commissioner for the Bureau of Fiscal Service in the Department of Treasury, said he hopes the four legacy shared services providers are early adopters of the new financial management standards.

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