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Thursday, June 07, 2007

FederalNewsRadio - Ask the CFO - John Cox (HUD)

Department of Housing and Urban Development

John Cox - Chief Financial Officer

Get your house in order. The old saying has been good advice at HUD, which this year was one of 11 agencies to get the Certificate of Excellence in Accountability Reporting (CEAR). CFO John Cox says part of the success has been due to the continuing implementation of new, better accounting systems.

But he also says another reason for HUD's improvement is the focus on communication and the weekly meeting of key C-level managers, something that helped lead to the National Housing Locator, a system that can help people left homeless by natural disasters find a place to live.

Still, running the numbers at HUD is not easy, especially when you factor in the recent shake-up of the housing market.

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