FedCFO Search Engine

@FedCFO Twitter Feed

Wednesday, January 18, 2006

Homeland Security chief financial officer to step down

"The Homeland Security Department's top financial executive announced Tuesday that he will leave this spring.

In a resignation letter to President Bush, Andrew Maner, who took over as the department's chief financial officer in early 2004, said he will step down on March 3. Bush announced that he intends to nominate David Norquist, deputy undersecretary of Defense for budget and appropriations affairs, to replace Maner.

...the department has been under pressure to replace Maner with a Senate-confirmed CFO, as required by a financial accountability law enacted in October 2004. The law, initiated by Rep. Todd Platts, R-Pa., chairman of the House Government Reform Subcommittee on Management, Finance and Accountability, also requires the department to obtain audit opinions on internal controls--checks and balances designed to detect fraud or mismanagement--starting this fiscal year. "

No comments: