Highlights


CPE Opportunities


SEA Reviewer Training Set For Dec. 7
An audio conference, worth 4 CPE hours, will be held 1-5 p.m. Dec. 7. If it's your job to explain how government funds have been managed to ensure funding continues, this reviewer training is for you! Funding for government projects is not automatic. If you have to provide written justification for why funding should continue, you should attend this conference, which will teach you an effective way to explain how government funds have been managed. Contact Julie Bryant, CGFM, for more information.

Register Now for Dec. 7 Identity Theft Audio Conference
AGA, in conjunction with NASACT and N.A.L.G.A., will host an audio conference on identity theft, one of the fastest growing crimes in the U.S. Speakers are Kathy Buller, Chief Counsel to the Inspector General, U.S. Social Security Administration; Naomi Lefkovitz, Attorney, Federal Trade Commission; and Alice Robinson-Bond, Deputy Attorney General, State of Ohio. The session runs from 2 – 3:50 p.m. Eastern Standard Time and offers 2 CPE hours. Click here for information!

NASACT, in conjunction with AGA and N.A.L.G.A., is offering a new audio conference on Nov. 30, on Payroll—What You Need to Know for Year-End. Click here to find out more.


Register Today for AGA's NLC
Make plans now to attend AGA’s National Leadership Conference (NLC) to be held February 2 – 3, 2006, in Washington, D.C. Join us in our nation’s capital for NLC 2006, where the best minds from all levels of government, the private sector and academia will discuss measuring government performance. Learn how to best communicate your program’s successes and shortfalls to citizens, policy-makers and government leaders. Earn up to 14 CPE hours, share best practices, connect with your peers and view the latest technologies, services and products in the Exhibit Hall.
Register online.
Print registration form to send by fax/mail (Adobe PDF).
Visit the conference website.
Exhibit at NLC 2006.


Interested in the CGFM Designation?
Sign up for AGA's special Intensive Review Course and take the CGFM Examinations this February in Washington, D.C. Don't miss this opportunity to earn your CGFM! Click here for more information.


AGA Advertising Opportunities!
Advertise in AGA's electronic newsletters—TOPICS and AGA Today! Get maximum exposure and build your brand. Click here for all the information you need to run your ad! Or, you can contact AGA's Director of Communications, Marie Force.

November 21, 2005 • News from the Profession


AGA Today is Brought to You by AGA Corporate Partner Clifton Gunderson
Clifton Gunderson's DC office is looking for experienced professionals to join our public sector practice. The ideal candidate will have 5+ yrs of Public Accounting or equivalent audit experience along with your BA/BS in Accounting and CPA or CGFM. Duties will include audits of Federal entities, State & Local audits (GASB), A-133 audits, and compliance auditing. To apply please e-mail Jennifer.Busse@cliftoncpa.com


AGA's FMSB Issues AICPA Comment Letter
AGA's Financial Management Standards Board (FMSB) has adressed a proposed AICPA Statement on Auditing Standards, titled Communicating Internal Control Related Matters Noted in an Audit. The Auditing Standards Board proposes changes to existing definitions and guidance to conform to guidance in PCAOB Auditing Standard No. 2. Click here to read the FMSB's comments.

Federal Agencies Lose Ground on E-Gov
Six agencies saw their grades fall on the electronic government portion of the Bush administration's latest quarterly management score card, published last Monday. The grades reflect major agencies' progress on the five main items on the President's Management Agenda as of Sept. 30, which marked the end of fiscal 2005. The components are: e-government, human capital, competitive sourcing, financial management and linking performance information to budget decisions. The Environmental Protection Agency, NASA and Department of State saw their e-government marks on the traffic-light-style report card drop from green, indicating "success," to yellow, for "mixed results." Three agencies—the Interior and Justice departments and the Agency for International Development—saw their grades in the category fall to red, signaling "unsatisfactory" performance. Overall, agencies met 97 percent of e-government milestones. On the four other PMA initiatives, five agencies managed to improve their scores in specific categories. Interior, Justice and the Smithsonian Institution saw higher scores on the human capital initiative, while the Small Business Administration moved to green on competitive sourcing and the General Services Administration earned a top rating for financial management. The Department of Labor maintained green ratings across the board —Amelia Gruber, Government Executive. Click here to read the entire article. To see the scorecard, click here.

GAO Issues Guide to Financial Reports
The Government Accountability Office (GAO) has issued the special publication Understanding the Primary Components of the Annual Financial Report of the United States Government. As the title indicates, GAO prepared the guide to provide a baseline understanding of the significant information in each of the primary components of the federal government’s annual financial report, especially the financial statements. The guide explains the purpose of each section of the federal government’s annual financial report and provides examples and illustrative financial information to focus readers on significant information found in each of the sections and financial statements. By using the guide every American can obtain a comprehensive overview, including valuable insights into the overall financial operations, condition, and financial outlook of the federal government. The report is located on GAO’s website and can be found by searching for report GAO-05-958SP.


AGA Today is Brought to You by Microsoft
Have you heard? Everyone’s talking about Microsoft Dynamics™—a suite of products including an affordable ERP solution that streamlines financial management and provides better access to reporting, and a CRM solution that works from with Microsoft® Outlook to helps improve information sharing and constituent service. Click here to find out why government agencies are using Microsoft Dynamics™ today.  


Time Names Best (and Worst) Governors
Time magazine named five governors as the nation's best: Arkansas' Mike Huckabee, Nevada's Kenny Guinn, Arizona's Janet Napolitano, Kansas' Kathleen Sebelius and Virginia's Mark Warner. The magazine also listed three governors it considers the worst: Louisiana's Kathleen Blanco, South Carolina's Mark Sanford and Ohio's Bob Taft. —Time. Click here to read the entire article.

Voters Showing Less Appetite for Tax Cuts
Has the American voter's ardor for cutting taxes and shrinking government cooled? Voters in California, Colorado and Washington State rejected ballot measures this month that would have rolled back tax increases or limited state spending. Some say the votes could mark a turning point in a decades-old revolt against high taxes that got its symbolic start in California in 1978 with Proposition 13, which sharply limited property tax increases for homeowners and cut deeply into state services. It may be, some analysts suggested, that after the terrorist attacks of Sept. 11, 2001, and this year's Gulf Coast hurricanes, Americans saw the value of government investment in infrastructure, public safety and other services and are now more willing to pay for it. "It looks like that to me," said John G. Matsusaka, president of the Initiative and Referendum Institute at the University of Southern California Law School. "The public sector did a lot of belt-tightening during the last recession, and the public now appears to be letting it out a few notches." —John Broder, The New York Times. Click here to read the entire article.


AGA Today is Brought to you by the U.S. Department of Homeland Security
When you choose to join the DHS Financial Management Community, you become a part of an agency that plays a critical role in making a difference in the securing our homeland. DHS is currently offering extraordinary opportunities for financial management professionals within the Department of Homeland Security Office of the Chief Financial Officer. Apply today at www.usajobs.gov, see job announcement DHSHQYR06-958. For more information about current or future opportunities, contact john.mcnamara@dhs.gov.

Accounting Improvements Under Way at Pentagon
The Pentagon is making progress getting its financial books in order, but senior officials said Wednesday that they still do not know when they will wrap up an audit of the U.S. Department of Defense spending. It may take at least four or more years, they said. Concerned that billions of dollars in the defense budget are squandered each year, Congress has pressed Defense officials to account for all dollars— from health care to program development costs— spent by DoD. During a Senate Armed Services Readiness Subcommittee hearing Wednesday, Pentagon Comptroller Tina Jonas said she hopes to resolve many of the lingering financial issues by 2009, but would not put a firm date on when an audit could be completed. Readiness Subcommittee Chairman John Ensign, R-Nev., said that the department's work this year is "far and away" the most encouraging news Congress has received on the issue, but admitted "the bar was pretty low before." —Megan Scully, CongressDaily. Click here to read the entire article.

GASAC Representative Reports on Meeting
Sharon R. Russell, CGFM, AGA's representative on the Governmental Accounting Standards Advisory Council (GASAC), which advises the Governmental Accounting Standards Board (GASB) has written a report on the highlights of the Nov. 3 and 4 meeting of the GASAC in New York City. Click here to read her memorandum.


AGA Today is Brought to you by the State of Michigan, Department of Management and Budget
The State of Michigan, Department of Management and Budget is filling the position of Chief Financial Officer. This position is located in Lansing, Michigan and has an annual salary of $74K to $113K.  Click here for additional information and instructions on how to apply.


AGA Member Joins GASB
Marcia L. Taylor, CGFM, a member of AGA’s Central Pennsylvania Chapter, has joined the GASB. Her term began this year and runs through 2010. She is the assistant manager of Mount Lebanon, PA. She was a member of the Governmental Accounting Standards Advisory Council (GASAC) from 2001 to 2004 and served on the GASB's Task Force on Fund Balances/Net Assets. Taylor is active in numerous professional organizations including the Government Finance Officers Association (GFOA), where she served as a member of the Pennsylvania GFOA Board of Directors. She holds a bachelor’s degree from Bucknell University and a master’s degree from Carnegie-Mellon University.

 

 

AGA Staff List

AGA Membership Application

CGFM Application

Other AGA links
CGFM Certification—Take the CGFM Exams today!

Click here to register for AGA's Fourth Annual National Leadership Conference, Feb. 2–3, 2006, Washington, D.C.

Click here to register for AGA's 55th Annual Professional Development Conference & Exposition, June 18–21, 2006, San Diego, CA