11:30 am - 12:30 pm
Audit Preparedness (Lecture Room A)
Slides: Audit Preparedness
Overview: The purpose of this session is for management and staff across the Department (within the Office of Secretary and the 12 Bureaus) to learn about what is involved in the execution of both performance and financial audits.
Budget Systems from Formulation to Reporting (Lecture Room B)
Slides:
Overview: This session provides an opportunity for attendees to learn about the different budget systems used throughout the Department for formulation, execution and reporting. There will be an introduction to each budget system given by the subject matter expert from each of the bureaus. The introduction will include a breakout of the data flow in/out system throughout the budget process and a review of the reports generated. Systems/tools planned for discussion include Consolidated Budget Reporting Application (COBRA), SPEEDCALL MAX Collect, MAX, Excel, CBS, MAX Software – OMB, Financial Investment Analysis Tool (FIAT), and Discover. Opportunity for Q&A to ensure clarity and to draw comparisons between systems and data flow.
Slides: FITARA
Overview: The purpose of the session is to provide the CFO Community knowledge about the FITARA law and requirements. Topics covered will be accomplishments of the program since its inception, plans moving forward; how FITARA impacts the CFO community and how they can help the Department be successful in implementing FITARA.