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Improved Financial Performance: Discipline Pays Off
Improving financial or mission performance is the real object of nearly every current regulatory initiative – especially those that are part of the President’s Management Agenda. Really take the time to understand how your real property assets tie in with your organization’s mission. It’s a paradigm shift that will help you make better financial decisions.
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OMB A-123 Compliance: Lessons Learned from BRAC
Is your agency on track to meet the June 30 milestone for reporting on internal financial controls, as required by the Office of Management and Budget Circular A-123 (OMB A-123)? Many of these financial control requirements may be met by adapting a methodology already used in the Department of Defense to comply with financial tracking provisions related to programs such as Base Realignment and Closure (BRAC). This article explains the connection.
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FRPA and VISTA Update Joint EO 13327 Compliance Survey Have executive agencies improved in their real property asset management compliance efforts? The Federal Real Property Association (FRPA) and VISTA are revisiting the joint survey they released in October 2005, for the FRPA’s upcoming professional development conference this fall. This article looks at last year’s findings.
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Top Financial Performance: Government Experts Speak Out A greater focus on fiscal accountability will require government agencies to improve their knowledge of their real property inventory as it applies to operations, missions, and accounting and information systems. This article reviews the opinions of a panel of experts speaking at a May 3 executive seminar titled “Top Financial Performance: Real Property in the Era of Full Accountability”.
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