Topic:

Financial Management

Latest Headlines

Latest Headlines

Retirement accounts at risk, auditors say; TSP board defends cybersecurity

Thrift Savings Plan accounts are vulnerable to hackers because of poor cybersecurity measures at the Federal Retirement Thrift Investment Board, sources say.

Veteran federal contracting officer talks about benefits of agile software development in podcast

Jonathan Mostowski at U.S. Digital Service explores how hiring Leonardo da Vinci to paint the Mona Lisa using agile or waterfall contracting models would affect the final product

IRS seeks fresh set of members for electronic tax committee

The agency is looking for people to volunteer to be part of the Electronic Tax Administration Advisory Committee, which serves as a public forum for electronic tax issues with the goal of going paperless, 

USASpending.gov updated, functionality drastically diminished say businesses

In the early hours of March 31, the Treasury Department pushed out an update to USASpending.gov, one of the federal government's premier open data platforms, but instead of ushering in improvements or new capabilities, changes to the massive database tool stripped the site of critical functionality.

New federal CIO hopes to ride 'a tide of good trends'

As the new lead for federal information technology, Federal Chief Information Officer Tony Scott plans to ride "a tide of good trends" that includes realizing savings from TechStat and PortfolioStat activities, consolidating data centers and digitizing government services.

NRC needs to develop better criteria in making IT investments, agency watchdog says

The NRC's inspector general said it found cases dating back to 2010 in which the agency bought items to meet specific needs without using or applying well-defined, standardized criteria or establishing best practices.

USPS's general counsel can make better use of data to lessen risk, agency watchdog says

The USPS inspector general's audit is one in a series to see how the Postal Service uses data. The agency's general counsel is responsible for corporate and postal business law as well as legal strategy and policy, the report said.

18F director warns of reliance on requirements for gov't IT

Too often agencies are blindly checking a list of requirements rather than really thinking through how the technology they acquire or develop will serve the user, said Greg Godbout, executive director of the General Services Administration's innovation lab called 18F.

Top Obama administration official says FAR can be made to work

A senior Obama administration official acknowledged that federal purchasing rules are difficult to navigate, especially for information technology projects and services, but they're getting the job done – for now.

Federal shared-services online marketplace opens doors to public

A federal online catalog where government agencies can go shopping for services offered by other agencies has opened its doors to industry.