February 2007
Managing Change: A VISTA Publication
Executive to Executive
Value of VISTA
What You Should Know
VISTA on the Move


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Executive to Executive
The Real Property Connection to Clean Federal Audits
Failed government audits. Tighter rein on budgets. Demand for better controls over financial and asset-related data. That's the environment in which today's real property professionals are being asked to do their job.

Real property professionals have an obligation to support their organization's budgeting demands. You can do so by proving that real property asset management is critical to a clean financial audit - not just a line item among other expenses.
Value of VISTA
Real Property Best Practices: Observations from the Front Lines
What are Departments and agencies doing correctly when it comes to incorporating real property asset management as part of their overall Federal fiscal accountability?

VISTA has been involved in reviewing the compliance processes of many Departments affected by real property asset management initiatives such as Executive Order 13327 (EO 13327) and the President's Management Agenda (PMA). The bottom line is that Departments with well-organized and accurate inventory data are typically the best able to prepare materials for review by organizations such as the GSA and OMB.

This article explains the habits of the most successful organizations.
VISTA Provides Webinars on Real Property and Budgeting
Are you interested in learning what your peers find most important about real property asset management - especially in today's difficult budget times?

Each day at 11 AM ET on February 8 and February 27, VISTA (in cooperation with software firm Archibus) will offer a new Web-based seminar that explores the changing landscape of real property asset management. VISTA President and CEO David Baxa and VP of Corporate Development Ray Summerell will lead the Webinars.

For information on registering for these Webinars, visit www.archibus.com/events. This article provides details on each event.
What You Should Know
Federal Financial Woes: Tighter Reins, Better Processes
In the face of failed audits and a Continuing Resolution on appropriations, Federal political leaders concede problems with government financial management and accounting, leading Congress to establish a bipartisan working group to address new approaches to current and established programs.

A series of inter-related Federal financial events may require Federal executives to look even more closely at the role real property assets play in their organizations' budgets. This article takes a closer look at the current Federal financial landscape.
The Top Six Problem Areas of Federal Real Property Data
By this summer, the General Services Administration will present the next Federal Real Property Profile (FRPP). The current reported data, according to the 2006 report, is impressive: Three billion square feet or space, over one million assets and more than1.3 trillion dollars in replacement value - excluding land.

If you examine the practices, systems and reported data of individual agencies, does it all add up to an accurate report?

This article looks at some important, lingering questions any Federal executive must consider - especially real property professionals - to ensure that they present the most accurate accounting possible of their real property assets.
VISTA on the Move
VISTA Recruiting Database Analyst

VISTA is committed to sustained growth and is actively recruiting to meet anticipated demand. If you think you may want to join the VISTA team, please send a confidential resume to: careers@vistatsi.com.

Meet VISTA in Person

Executives from VISTA will speak, exhibit and participate in a number of conferences and exhibits through the spring. This article provides a list of upcoming events. To set up a time to meet in person, please send an email to info@vistatsi.com