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Insights and updates from AGA’s 2018 National Leadership Training

Posted by on Mar 5, 2018 in Financial Management | 0 comments

Insights and updates from AGA’s 2018 National Leadership Training

I recently had the opportunity to represent Management Concepts at the Association of Government Accountants’ National Leadership Training (NLT) event at the Ronald Reagan Building in Washington, D.C. This two-day event is designed to develop and train government financial professionals to excel as leaders. Featured speakers included Dave DeLong, President, Smart Workforce Strategies and Mark Updegrove, CEO, National Medal of Honor Museum. The event drew hundreds of CEO’s, CFO’s, senior executives, PhD’s, CPA’s, senior managers, and future leaders from Federal, state, and local organizations across the U.S.

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AGA PDT 2017: Top Takeaways from Financial Management Conference

Posted by on Jul 18, 2017 in Financial Management | 0 comments

AGA PDT 2017: Top Takeaways from Financial Management Conference

Last week in Boston, over one thousand of the nation’s government financial management professionals convened for expert insights and networking (and CPEs) at the Association of Government Accountants (AGA) annual Professional Development Training (PDT) event.

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Inspiration and Insight at AGA’s 2017 National Leadership Training Event

Posted by on Feb 23, 2017 in Financial Management | 0 comments

Inspiration and Insight at AGA’s 2017 National Leadership Training Event

The AGA NLT 2017 exhibit hall was packed with accountants, auditors, CEOs, CPAs, CGFMs, consultants, senior government leaders, and business developers—made for a pretty broad representation of Federal financial management professionals. So, what kept everybody together for two days? Dedication to outstanding public service and exceptional leadership. The event schedule was filled with expert-led presentations, with topics including Presidential transition, cyber security, the DATA act, and risk management

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Federal Financial Management Changes in 2017: It Started in 2016

Posted by on Jan 25, 2017 in Financial Management | 0 comments

Federal Financial Management Changes in 2017: It Started in 2016

Here’s a two-part rundown of big changes in 2016 that will continue to affect our field in 2017—we’ve included quick tips and reminders for adapting to these changes, and resources for how to stay up to date in our ever-changing field.

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Q and A: All about the New A-123

Posted by on Oct 17, 2016 in Featured, Financial Management | 0 comments

Q and A: All about the New A-123

On September 28, Management Concepts presented a free webinar—Easy as A-123: What You Need to Know About the Update—highlighting the significant changes to OMB Circular A-123 Management’s Responsibility for Enterprise Risk Management and Internal Control. During the Q&A there was time to answer only a few questions, but many good ones were submitted. Below are answers to the most representative questions.

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Analysis Paralysis: Find Time to Get the Croissant with Your Cup of Coffee

Posted by on Oct 11, 2016 in Analytics, Financial Management | 0 comments

Analysis Paralysis: Find Time to Get the Croissant with Your Cup of Coffee

You’ve just submitted the report that your supervisor wanted on projected HR costs for next quarter. As you lean back to enjoy your second cup of coffee and begin to tackle your next project, an email asking you to run the analysis based on a different set of assumptions pops up in your inbox. So much for getting a head-start on that other project. Changing one or two input items yielding different results that management can act upon is referred to as “modeling”.

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OMB Circular A-123 Revision

Posted by on Aug 11, 2016 in Financial Management | 10 comments

OMB Circular A-123 Revision

The long-awaited OMB Circular A-123 Management’s Responsibility for Enterprise Risk Management and Internal Control finally was issued on July 15, 2016. We…

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IT’S CRUNCH TIME! Fiscal Year-End Spending

Posted by on Jul 15, 2016 in Financial Management, Workforce Management | 0 comments

IT’S CRUNCH TIME! Fiscal Year-End Spending

The end of the fiscal year is rapidly approaching…and you know what that means…Yep! We’ve got a lot of things to get obligated – things we need but either haven’t…

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Improper Payment Reduction: Slow, but Steady

Posted by on Apr 27, 2016 in Financial Management | 0 comments

Improper Payment Reduction: Slow, but Steady

What’s Improper? Well, for one thing: improper payments by the Federal government. One definition of improper is: “Not in accordance with rules and standards.”…

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Government’s Mistakes in Payments: Does It Lose the Right to Restitution?

Posted by on Apr 21, 2016 in Financial Management | 0 comments

Government’s Mistakes in Payments: Does It Lose the Right to Restitution?

The fiscal rules governing the use of Federal funds are complicated. As a result, mistakes happen. Errors often include making overpayments to Federal employees…

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ASMC NCR PDI: The Biggest One Yet

Posted by on Mar 24, 2016 in Financial Management | 0 comments

ASMC NCR PDI: The Biggest One Yet

More than 1,500 financial management professionals filled the Atrium of the Ronald Reagan Building on March 10 for the ASMC NCR PDI Conference…

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AGA NLT: The Training Event for Federal Financial Management Leaders

Posted by on Mar 3, 2016 in Financial Management | 0 comments

AGA NLT: The Training Event for Federal Financial Management Leaders

AGA hosted another stellar event at the Ronald Reagan Building & International Trade Center last week. The AGA NLT – National Leadership Training bought hundreds…

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Where Does Quality Come From?

Posted by on Feb 18, 2016 in Financial Management | 0 comments

Where Does Quality Come From?

In the workaday world of government, we don’t spend a lot of time focusing on quality. Why don’t we? First of all, most government employees feel like they have…

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Can the Government Violate Existing Policy to Save Money?

Posted by on Jan 27, 2016 in Financial Management | 0 comments

Can the Government Violate Existing Policy to Save Money?

While the Consolidated Appropriations Act passed in December raised agency spending limits, the increase was modest. As a result, Federal budgets remain tight…

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Acquisition and Appropriations Law – Making the Connections

Posted by on Jan 20, 2016 in Acquisition, Financial Management | 0 comments

Acquisition and Appropriations Law – Making the Connections

There are many intersections between the two disciplines of Acquisition and Appropriations Law. Federal Acquisition managers more and more must have a fundamental…

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Fraud and the Role of Internal Controls

Posted by on Dec 11, 2015 in Financial Management | 1 comment

Fraud and the Role of Internal Controls

Fraud is defined as “perversion of truth” or “false representation of fact” where the government is a victim. Obviously the fraudster hopes to gain at the expense…

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The “ABC’s” of Economy Act Intergovernmental Transactions

Posted by on Oct 16, 2015 in Financial Management | 0 comments

Intragovernmental Transactions (reimbursable transactions) abound in the Federal government today. But what is the primary law that allows one agency to do work…

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Paying for Non-Federal Travel

Posted by on Oct 13, 2015 in Financial Management | 0 comments

Paying for Non-Federal Travel

Can appropriated funds ever be used to pay travel expenses for a non-Federal person? Don lives and works in Houston for NASA. He was recently notified that he will…

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To Shutdown or Not

Posted by on Sep 23, 2015 in Financial Management, Workforce Management | 0 comments

To Shutdown or Not

It’s seven days until a partial shutdown of the U.S. government could occur. If Congress does not pass a Continuing Resolution (CR) or 12 appropriation bills, or…

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FY End Spending – a Webinar Recap

Posted by on Aug 31, 2015 in Financial Management | 2 comments

FY End Spending – a Webinar Recap

On August 19 Management Concepts conducted a one-hour webinar entitled It’s About Time: Appropriations Law and Year-End Spending Webinar. More than 300 attendees…

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Integrating Internal Controls with Best Practices

Posted by on Aug 28, 2015 in Financial Management, Project Management | 2 comments

In my previous blogs I talked about the different components that comprise the organizational environment where best practices can survive and thrive and the…

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What’s the RISK in Ignoring RISK?

Posted by on Aug 25, 2015 in Financial Management | 0 comments

What’s the RISK in Ignoring RISK?

Everybody knows what risk is: the possibility that something can go wrong. But the question is this: How often do we consider risk in the Federal workplace? Now if you work…

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AGA Rocked Music City at PDT 2015

Posted by on Jul 22, 2015 in Financial Management | 0 comments

AGA Rocked Music City at PDT 2015

I had the privilege of attending the Association of Government Accountants (AGA) Professional Development Training (PDT) in Nashville last week and returned with…

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