Financial management

  • FEMA has recovered just $3 million of $643 million in potentially improper disaster relief aid since Hurricane Katrina. But its attempts to recoup the money are setting off one senator and threatening to erupt into a public relations snafu.

    October 21, 2011
  • Outgoing Deputy Defense Secretary William Lynn said the biggest change at the Defense Department during his tenure was the increased focus on cybersecurity.

    October 03, 2011
  • The Government Accountability Office is looking at the progress the Pentagon is making.

    September 29, 2011
  • The GAO\'s reports evaluates the independence of inspector generals in government.

    September 23, 2011
  • Congress must standardize the role of the federal chief financial officer and give deputy CFOs more clout to make up for time between political appointments of CFOs. These are two of the recommendations from a…

    September 19, 2011
  • In reports and testimony to Congress, the Government Accountability Office finds DoD has built a credible plan to meet a Congressionally-mandated full financial audit by 2017. However, the audit agency is skeptical the military branches will be able to implement the plan in time.

    September 19, 2011
  • A House Armed Services Committee panel is reviewing the Pentagon\'s efforts to reform its auditing practices. Reps. Mike Conaway (R-Texas) and Rob Andrews (D-N.J.) head the panel, which is first trying to get a handle on the scope of the issue, Andrews told Federal News Radio\'s Federal Drive.

    July 18, 2011
  • All agency bureaus will implement the Internet Payment Platform by 2012. Additionally, all Treasury vendors must submit invoices through the portal starting in 2013. The electronic invoice payment program is one of 12 initiatives to improve federal financial management.

    July 13, 2011
  • The House Armed Services Committee is following the success of its acquisition reform panel with a similar approach to Pentagon finances. Reps. Mike Conaway and Rob Andrews will, once again, lead the effort.

    July 13, 2011
  • A new survey by Grant Thornton and the Association of Government Accountants found federal financial managers want a new way to present data that is more meaningful. CFOs also said they are starting to take advantage of predictive analysis tools.

    July 13, 2011
  • Just-retired DoD Secretary Robert Gates issued a recent memo announcing his decision about how DISA and the chief information officer\'s office will change. Gates said DoD will dis-establish the Networks Integration and Information office.

    July 06, 2011
  • Andrew McLauchlin, vice president at CGI Federal, spoke with Federal News Radio about ACT-IAC\'s four recommendations.

    July 06, 2011
  • Beth McGrath, DoD\'s deputy chief management officer, said reworking acquisition regulations will include new ways to buy technology and promote agile development. The Pentagon is targeting everything from the way it buys technology to standardizing business systems in an effort to save money and become more efficient. DoD wants to standardize 15 common, commercial business processes.

    June 29, 2011
  • The administration\'s government reorganization efforts are underway. Federal News Radio spoke with Pat Dalton, chief operating officer at GAO, about duplication and redundancy in the federal government.

    June 21, 2011