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Monday, March 09, 2009

OMB Memo M-09-14: Recovery Act Implementation – Improving Grants.gov and Other Critical Systems

Recovery Act Implementation – Improving Grants.gov and Other Critical Systems

Effective implementation of the Recovery Act is a critical part of the effort to jumpstart economic activity and a top priority for the Administration. Central to carrying out the provisions of the Recovery Act with unprecedented levels of transparency and accountability is to confirm the capability of current information technology systems to meet the significant increases in financial and programmatic activity that will occur within Federal agencies during the next several months. To this end, OMB has been working closely with Federal agencies to identify system risks that could result in the disruption of effective Recovery Act implementation.

One area of risk that has been identified is in the operation of Grants.gov....

Read the Memo

Friday, March 06, 2009

Today's GAO Publication

The Government Accountability Office (GAO) today released the following publications:

American Recovery and Reinvestment Act: GAO's Role in Helping to Ensure Accountability and Transparency, by Gene L. Dodaro, acting comptroller general, before the Senate Committee on Homeland Security and Governmental Affairs.
GAO-09-453T, March 5.
http://www.gao.gov/cgi-bin/getrpt?GAO-09-453T
Highlights - http://www.gao.gov/highlights/d09453thigh.pdf

Systemic Risk: Regulatory Oversight and Recent Initiatives to Address Risk Posed by Credit Default Swaps, by Orice M. Williams, director, financial markets and community investment, before the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, House Committee on Financial Services.
GAO-09-397T, March 5.
http://www.gao.gov/cgi-bin/getrpt?GAO-09-397T
Highlights - http://www.gao.gov/highlights/d09397thigh.pdf

DOD Business Transformation: Status of DOD's Actions on Previous Recommendations for the Defense Travel System, by Asif A. Khan, director, financial management and assurance, before the Subcommittee on Oversight and Investigations, House Committee on Armed Services.
GAO-09-416T, March 5.
http://www.gao.gov/cgi-bin/getrpt?GAO-09-416T
Highlights - http://www.gao.gov/highlights/d09416thigh.pdf

Wednesday, March 04, 2009

Dr. Peter Alterman becomes Executive of FSIO

Dr. Peter Alterman becomes Executive of GSA's Financial Systems Integration Office (FSIO) Office which is managing the Financial Management Line of Business.

Dr. Alterman was named Deputy Associate Administrator (DAA) of Office of Technology Strategy at the U.S. General Services Administration Office of Governmentwide Policy in August 2008 where he was responsible for creating opportunities for intergovernmental and public-private collaboration, to ensure the development of an integrated policy and technical infrastructure for the government’s use of information technology by working closely with the Office of Management and Budget.

Previously, Dr. Alterman served as the Assistant Chief Information Officer for Electronic Authentication at the National Institutes of Health (NIH), a position he's held since 2003. Additionally, Dr. Alterman previously served as the Chair of the U.S. Federal Public Key Infrastructure (PKI) Policy Authority.

The Financial Systems Integration Office (FSIO) within the General Services Administration, was formerly known as the Joint Financial Management Improvement Program (JFMIP) staff office. In December 2004, the JFMIP Principals voted to modify the roles and responsibilities of the JFMIP. As a result the Office of Management and Budget (OMB) and the Chief Financial Officers (CFO) Council have worked closely with FSIO staff to update FSIO’s mission and scope of activities.

Dr. Alterman's contact information:
Email address: peter.alterman@gsa.gov
Phone number: 202-501-0202

OMB Reorganizes OFFM and eGov Websites

The OMB website content for OFFM and eGov have been reorganized into a logical repository of information and links related to the subjects of Federal Financial Management and eGovernment. The updated websites can be found at the links below.

Office of Federal Financial Management
http://www.whitehouse.gov/omb/financial_default/

Office of E-Government & Information Technology
http://www.whitehouse.gov/omb/e-gov/

Conference Set on Federal Financial Management

The Federal Financial Management Conference, which will feature the latest issues and trends in financial management, accountability, performance and auditing, is set for March 12.

Gene L. Dodaro, CGFM, Acting Comptroller General of the United States, will present the keynote address. The conference theme is "Financial Management in Transition." Highlights include sessions on auditing, accounting, human capital and accountability; a panel discussion of the Government Accountability Office's oversight role over the Troubled Asset Relief Program (TARP); presentations by Neil Barofsky, Special Inspector General for TARP, Kenneth Carfine, Fiscal Assistant Secretary, Department of the Treasury, and James Horney, Director, Federal Fiscal Policy, Center on Budget and Policy Priorities.

In addition, the Donald L. Scantlebury Memorial Award will be presented to Kathleen M. Turco, Chief Financial Officer, General Services Administration.

The conference, worth 7 CPE hours, is sponsored by the Joint Financial Management Improvement Program (JFMIP) principals, Financial Systems Integration Office (FSIO), General Services Administration (GSA) and the Graduate School, USDA.

Learn More and Register Here

Tuesday, March 03, 2009

Oracle E-Business Suite(R) Release 12 Secures Federal Systems Integration Office (FSIO) Certification for Core Financial Systems

ORACLE CORPORATION

REDWOOD SHORES, Calif., March 3 /PRNewswire-FirstCall/ --

The Financial Systems Integration Office (FSIO) has officially certified Oracle E-Business Suite Release 12. After a thorough review and analysis of release notes, responses to FSIO questions, product documentation and the results of two demonstrations, FSIO has determined that the Oracle E-Business Suite Release 12 satisfies the FSIO Core Financial System Requirements.

READ MORE...

Supporting Resources
Oracle Public Sector
Oracle E-Business Suite Release 12

ICGFM Seeks Managing Director

The International Consortium on Government Financial Management (ICGFM) is looking for a highly qualified managing director to build on the progress to date and to facilitate the ongoing successful execution of the mission through ICGFM's network of volunteer officers and board members.

READ MORE...

Monday, March 02, 2009

Following the Money

Now that the stimulus bill is law, how does a federal agency make sure the money goes where it needs to? You can find one possible answer in a new set of monitoring tools from the Partnership for Intergovernmental Management and Accountability. Tom Cooley is Chief Financial Officer at the National Science Foundation and co-Chair of the Partnership, and he joins us to explain how the tools work.

Listen Here

AGA's Intergovernmental Partnership Aims to Limit Risks in Stimulus Spending

As agencies scramble to spend stimulus funds under the 2009 American Recovery and Reinvestment Act, an intergovernmental financial management organization is offering up new tools to help ensure that accountability isn't sacrificed for expediency.

The Partnership for Intergovernmental Management and Accountability, which comprises high-ranking financial management officials in federal, state and local governments, has published a number of documents and assessment tools to help agencies monitor funds spent under the economic stimulus package.

The Partnership was established by the Association of Government Accountants in 2007 to improve accountability across governmental jurisdictions.

- Katherine McIntire Peters, GoveExec.com

Today's GAO Publications

The Government Accountability Office (GAO) today released the following report and guidance:

Debt Management: Treasury's Cash Management Challenges and Timing of Payments to Medicare Private Plans.
GAO-09-118, January 30.
http://www.gao.gov/cgi-bin/getrpt?GAO-09-118
Highlights - http://www.gao.gov/highlights/d09118high.pdf

GAO Cost Estimating and Assessment Guide: Best Practices for Developing and Managing Capital Program Costs.
GAO-09-3SP, March 2009.
http://www.gao.gov/cgi-bin/getrpt?GAO-09-3SP