Leaders of the Senate Homeland Security and Governmental Affairs Committee Thursday asked the General Services Administration to provide details about its financial management and internal controls ai
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OMB: Continuing to Crack Down on Government Waste
One of the Federal government’s most fundamental responsibilities is to serve as a careful steward of taxpayer dollars – to make sure that every dollar is well-spent and directed toward areas of h
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Agency plans to consolidate, share IT services due Aug. 31
Agencies have until Aug. 31 to submit plans showing how they will consolidate and share human resources and email systems, help desk support and other information technology services.
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SESers recognized for leadership, results with Presidential Rank Awards
Teresa Gerton led an effort for the Army that could help the service avoid spending more than $800 million over the next five years.
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Watchdog group: Four IG offices now leaderless for years
Hard to believe, but the State Department’s Office of Inspector General has been without a permanent head for more than four years.
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OMB: Reducing Improper Payments through the “Do Not Pay List”
Office of Management and Budget
Memorandum for the Heads of Executive Departments and Agencies
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GAO's evolving role: From accounting to accountability
A 2004 law realigning its compensation system also made a change to the very public face of the agency: it's name. GAO would henceforth stand for Government Accountability Office.
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Streamline the federal government
So much has changed over the past 30 years. The Cold War has given way to a globalized, interdependent world. Landlines turned into smartphones. The Internet is no longer a research tool for a few.
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Army's payroll problems threaten auditability goals, GAO says
The Government Accountability Office will release a report this morning detailing problems with the Army's payroll system — challenges that threaten the Defense Department's ability to be audit-read
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GAO: OMB Review of Financial Systems Projects
The following report was released by GAO.
Financial Management Systems:
Status of OMB's Review of Financial System Projects.
GAO-12-184R, February 8.
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OMB's pause of financial systems had little effect on cost, schedule
The Office of Management and Budget's decision to pause major agency financial management projects in 2010 didn't affect most of the programs' cost or timeline.
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FEMA first DHS component to undergo post-TASC financial modernization
The Federal Emergency Management Agency will be the first Homeland Security Department component to undertake a less-ambitious financial system modernization effort following the collapse of a departm
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GAO: Fiscal Year 2011 U.S. Government Financial Statements
The Federal Government Faces Continuing Financial Management and Long-Term Fiscal Challenges, by Comptroller General Gene L.
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OMB: Reform of Federal Policies Relating to Grants and Cooperative Agreements; cost principles and administrative requirements (
Consistent with the Administration’s commitment to increasing the effectiveness and efficiency of Federal programs, the reform effort seeks to strengthen the oversight of Federal grant dollars by al
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CBO scores bill to require online posting of program spending
A bill requiring agencies for the first time to post spending at the program level on a central website would cost some $115 million over the next four years, the Congressional Budget Office reported
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GAO: Work needed to correct errors in TARP financial statements
The Government Accountability Office says it's found some sloppy accounting in the way Treasury is handling the Troubled Asset Relief Program, or TARP.
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Werfel shares State of the Union for Financial Management
The public rarely sees the inner workings of government agencies. If they did, they'd know, financial management is key to effective mission delivery.
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Treasury Consolidation Would Merge Debt Division.
The White House on Monday said it wanted to consolidate the Bureau of Public Debt and the Financial Management Service within the Fiscal Service, another Treasury division.
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Today's GAO Publication
Management Report: Improvements Are Needed in Internal Control Over Financial Reporting for the Troubled Asset Relief Program.
GAO-12-415R, February 13.
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OMB Releases FY 2013 Budget to Congress
OMB Releases Fiscal Year 2013 Budget to Congress. Find the budget and tools to review it at the link below.
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How will agency tech, financial management initiatives fare in 2013 budget?
The massive federal budget request will be unveiled Monday, and some agencies may see some shrinkage in their IT budgets this coming year.
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OMB hangs hopes on new tools to cut $50B in improper payments
Agencies cut the amount of improper payments by another $5 billion in 2011.
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Today's GAO Publications
Information Technology: SBA Needs to Strengthen Oversight of Its Loan Management and Accounting System Modernization.
GAO-12-295, January 25.
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HHS financial management practices ‘unacceptable,' lawmakers say
Two lawmakers have asked the Health and Human Services Department to explain financial management problems flagged in a recent audit, including violations of the Anti-Deficiency Act, which bars agenci
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OMB personnel changes are on the way
Changes are coming to the top ranks of the Office of Management and Budget just as the agency prepares to release President Obama’s proposed fiscal 2013 federal bud
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CBO Releases "The Budget and Economic Outlook: Fiscal Years 2012 to 2022"
The Budget and Economic Outlook: Fiscal Years 2012 to 2022
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Board approves next phase of defense accounting system
The Defense Department received a boost in meeting its goal to have clean financial books by 2017.
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DoD's audit goals achievable, Congressional inquiry finds
A new report by a special panel of the House Armed Services Committee finds the Defense
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AGA recommends new COO, PIO job descriptions
A new push to improve performance also could change how the government chooses chief operating officers, with an eye toward candidates who find true interest in data-driven reviews of federal programs
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Federal Accounting Standards Advisory Board Issues 3 Year Plan
This report is intended to better inform and engage FASAB stakeholders. The board’s stakeholders include those who use, prepare and audit financial reports.
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Federal financial report is in, but GAO offers no opinion
The federal government's consolidated financial report for 2011 is out and the picture isn't pretty.
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New online toolkit aims to help agencies combat fraud
When it comes to fraud, some seem to think federal agencies wear big target signs.
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DISA passes government audit test ahead of most of DOD
After five years of preparation, the Defense Information Systems Agency has received its first “clean audit” decision under a federal law that mandates financial transparency.
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DoD's Wennergren works to drive business process changes
As the Pentagon official charged with reengineering the business operations of the Defense Department, the deputy chief management officer is driving the pursuit of some new business goals for DoD.
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DoD's IG to resign
Defense Department Inspector General Gordon Heddell is stepping down next month.
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KPMG Publishes 2011 Federal Word Book
Published in 2008, the first edition of The KPMG Word Book: A Directory of Financial Management and
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OMB highlights report card of clean audits
For the first time in two decades, independent auditors said financial books were in order at 23 of 24 applicable federal agencies, the
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Agencies cut improper payments by $18 billion
Agencies saved nearly $18 billion in fiscal 2011 by reducing improper payments, the White House announced Tuesday.
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The Road Forward: The Federal Budget and Budgeting Profession
In 2011, Grant Thornton joined forces with the American Association for Budget and Program Analysis (AABPA) for a first-time, online survey of 231 federal budget professionals.
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DoD budget planning systems plagued by inefficiencies
The Defense Department's quest to be auditable in 2017 relies on using Enterprise Resource Planning systems, or ERPs, to perform tasks like accounting and supply chain management.
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GFEBS financial management system worldwide
Washington, D.C. — The most advanced financial management system in Army history, the General Fund Enterprise Business System, or GFEBS, is now operational worldwide.
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Recovery Board testing accountability tools in the cloud
WILLIAMSBURG, Va.-- The Recovery Accountability and Transparency Board had so much success moving Recovery.gov to the cloud, it is looking there again to give agencies a new set of accountability tool
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Senate committee passes bills on improper payments, whistleblower protections
The Senate Homeland Security and Governmental Affairs Committee passed three bills today to combat wasteful spending in government, strengt
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EPA plagued with poor budgetary and workforce organization, GAO reports
The Environmental Protection Agency has struggled to produce accurate budget reports and deploy its workforce in an efficient manner, the Government Accountability Office reported this week.
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OMB outlines expanded roles for federal CIOs
The White House budget director, Jack Lew, directed agency leaders to ensure their chief information officers are responsible for "true portfolio management for all IT [information technology]" and no
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Effort to require online governmentwide spending reports advances on the Hill
Congressional supporters of a plan to pull all federal spending reports onto one uniform, searchable database believe they've put together a package of cost savings to offset the legislation's more th
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This Month's GAO Reports
This month's GAO Reports:
DOD Financial Management: Improved Controls, Processes, and Systems Are Needed for Accurate and Reliable Financial Information,
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Panel urges Congress to scrap annual budget process
Congress should switch from an annual budget process to a two-year cycle to provide greater stability for federal agencies and conduct better oversight of government programs, lawmakers and witnesses
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As BTA closes Friday, DoD continues to foster strategic goals
As the Defense Department starts the new fiscal year Saturday, it will be pursuing some new business goals.
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Living With Continuing Resolutions
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