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Thursday, March 13, 2008

FederalNewsRadio - Ask the CFO - Jim Martin (HUD)

Department of Housing and Urban Development

Jim Martin - Deputy Chief Financial Officer

Effectively managing the finances of a government agency has to be about more than just numbers and even performance metrics. Martin says you also have to take a good look at risk management. This is especially important for HUD, as its Federal Housing Administration takes on the foreclosure crisis. Underlying all this has been the department's efforts to upgrade its IT capabilities, especially the IT supporting its financial management systems. Martin also serves as HUD's Performance Improvement Officer and talks about the impact of the recent executive order.

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