4 Things to Know About a Good Financial System
Government financial information systems are often glitchy and challenging to deal with. A foundation is only as good as the materials and the craftsmen who build it.
Government financial information systems are often glitchy and challenging to deal with. A foundation is only as good as the materials and the craftsmen who build it.
The Financial Transparency Act will be an extremely important piece of legislation for investors and regulators. Find out more about how it will modernize financial data and prepare the industry for the 21st century.
It was another familiar week for the 2016 market, stocks were down and bonds were up. On the bright side for stocks, the losses were modest for the S&P 500 compared to the weeks preceding. Problems in the Greece economy are again hitting the headlines as if traders needed another reason to sell. An early… Read more »
President Obama has said he will sign new legislation that will have far-reaching effects on federal agencies and hundreds of thousands of recipient of federal funds – grantees, contractors, universities, non-profits, states, and localities. The new law gives agencies three years to implement a set of new reporting requirements to track federal spending, but it… Read more »
Pretty simple rule, yet one that is often ignored or at a minimum, not really understood. We grow up not really being taught how to manage our finances and so we go to college, or perhaps get a job. We then get a checking account, a credit card…or two, or three, start spending, accumulating debt,… Read more »
William Noonan, the U.S. Secret Service’s head of cyber investigations, has urged Congress to require businesses to notify consumers and law enforcement agencies in the event of a data breach, FCW reported Wednesday. Adam Mazmanian writes that Noonan appeared at a House Financial Services Subcommittee on Financial Institutions and Consumer Credit hearing Wednesday. “While there… Read more »
I would say that anyone who has to borrow to pay their mortgage is in trouble, wouldn’t you! Can you imagine having to borrow not only to pay the mortgage but to just make the interest payments on your credit cards and other debt? Fortunately the government shutdown is over and everyone should be back… Read more »
Continuing to provide adequate services in the face of unprecedented across-the-board cuts; a declining, dispirited workforce; and growing financial and other management requirements is the top concern of Federal Chief Financial Officers (CFOs), according to the 18th annual federal CFO Survey conducted by the Association of Government Accountants (AGA) in partnership with Grant Thornton LLP…. Read more »
Yes! I just returned from the Association of Government Accountant’s (AGA) annual Professional Development Conference (PDC). With all the scrutiny on conference spending, I thought it would be interesting to go through a quick run down of what’s new and what’s changed since the last AGA PDC in order to help address the question of… Read more »
The start of a new year usually signifies a time for reflection on where we’ve been and where we’re headed, and nowhere is that disparity more glaringly apparent than in the technology sector. A decade ago, a business traveler had to collect receipts, pull up Excel and spend an afternoon keying up an expense report… Read more »
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