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Federal Financial Transparency, Accountability, & Integrity

Federal Financial Transparency, Accountability, & Integrity. The Digital Accountability and Transparency Act, H.R. 2146 IH Volume 4 Decision Making Virtual & Consolidated Financial Data Repository

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Federal Financial Transparency, Accountability, & Integrity

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  1. Federal Financial Transparency,Accountability, & Integrity The Digital Accountability and Transparency Act, H.R. 2146 IH Volume 4 Decision Making Virtual & Consolidated Financial Data Repository http://dataact1.fmsi.nethttp://dataact2.fmsi.nethttp://dataact3.fmsi.nethttp://dataact4.fmsi.net

  2. Federal Financial Transparency,Accountability, & Integrity Decision Making

  3. Federal Financial Transparency, Accountability, & Integrity Legislative Branch Executive Branch Decision Making Whitehouse Congress Office of Management & Budget Government Accountability Office Executive Branch Independent Agency Treasury Department Data Act Financial Board Transparency Single Financial Data Repository Financial Analysis Public InternetAccess Executive Branch Independent Agency IntegrityFinancial Literacy Near Term–CPE TrainingLong Term-Federal Financial Management Institute Accountability Independent-Data ActAudit ReportingFinancial Reporting Performance Reporting

  4. Virtual & Consolidated Financial Data Repository • Data integration • Information Sharing • High Volume Data Processing • Real Time and Historical Analytics • Rapid Deployment • Loads information "as is“ and indexes everything • Enables information to be loaded/updated and queried in real-time • Repurpose information trapped in existing silos • Make information more accessible and more relevant • Improve collaboration and decision-making • Utilizes relevancy ranking and text analytics to disambiguate Public &Public Sector Decision Makers Federal Financial Management Board(FFMB) Financial Regulators Private Sector ConsolidatedFinancial DataRepository FederalGovernment Departments & Agencies GAO, OMB,CBO, FSOC, & Treasury Department NationalArchives & Records Administration& Library ofCongress FederalFinancialManagementBoard Virtual &ConsolidatedFinancial Data Repository Virtual Financial Data Repository FSOC (10 Voting Mbrs.)Sec .Treasury, FRB, CFPB, CFTC , FDIC, FHFA, NCUA, OCC, SECPresidentApp. Federal GovernmentDepartments &Agencies CongressionalQuarterly FASABFASBNASBA ThomsonReuters LexusNexis AICPA • Legislation Hyperlinks: • FFATA – PL 109-282 • Data Act – H.R. 2146

  5. Federal Financial Transparency,Accountability, & Integrity Virtual & Consolidated Financial Data Repository

  6. Data Structured & Unstructured Data Warehouse Static Dynamic Mobile Delivery Cloud ComputingPublic, Media, Colleges & Universities AccessBusiness IntelligenceAnalysis Documents: A Citizen's Guide to the 2010 Financial Report of the U.S. Government Custom documents CentralDataWarehouseRepository Server Information Exploitation & Sharing Deliver: Any Format Semi-structured: Daily, Monthly, Quarterly & Annual Treasury Statements Ingest AS-IS Internet View/Search Forms DATA: S.3606.PCS USDA Appropriations Act, 2011 &FASAB Performance & Accountability Reports Agency Core Accounting System Detail Transaction Data GWA Account Statement RDBMS Search/Analytics Geospatial

  7. Department of AgricultureFY 2005 Treasury Account Symbol Coding Process HR 4818 – PL 108-447 MarkLogic ServerIngested Documents Information exploitation & Sharing Mobile Delivery Static Dynamic CGAC StructureTAS & BETC FMS Legislative Review Proof of Concept MarkLogic Outputs Custom Documents Is the TAS currently included in FAST, If Yes Use the TAS and change the period of availability, If No setup a new TAS with the Legislative period of Availability File Update AppropriationCommittee Report108-792 pg 3-45 View/Search Forms Undisbursed & Receipt Acct Ledger Search/Analytics http://gwa_acstate.fmsi.net MarkLogicServerProofofConcept Combined Statement Monthly TreasuryStatement Bulletin Public Law PL 108-447 Annual Financial Report Future MarkLogic Server Geospatial http://mlprocess.fmsi.net HR 4818 – ENR Bill An Enrolled Bill is the final copy of a bill that has been passed in identical form by both houses of the Congress. An Enrolled Bill is printed on parchment and sent to the President for signature. See hyperlink http://Legdefinitions.fmsi.net ConferenceCommittee ReportHR 4818 HR 4818 FMS CodingOverview Treasury Account Symbol (TAS) coding relationships to legislation. http://relationships.fmsi.net Federal AccountsSymbols & TitlesSee page 17 for receipt account fund structure an page 65 for expenditure account fund structure. Future MarkLogic ServerQuery & Reporting http://cgac.fmsi.net Subsequently Publish Documents From MarkLogic Server

  8. Government Accountability OfficeOversight Research & AuditProof of Concept Grantee & Subcontractor Performance & Status Reports MarkLogic ServerIngested Documents Information exploitation & Sharing Mobile Delivery Static Dynamic CGAC StructureTAS & BETC FMS Legislative Review Proof of Concept MarkLogic Outputs Custom Documents Is the TAS currently included in FAST, If Yes Use the TAS and change the period of availability, If No setup a new TAS with the Legislative period of Availability File Update View/Search Forms GAOCongressionalReports Undisbursed & Receipt Acct Ledger Search/Analytics http://gwa_acstate.fmsi.net GAOCongressionalTestimonies AgencyAudit Reports MarkLogicServerProofofConcept FutureMarkLogic Server Geospatial http://mlprocess.fmsi.net Treasury FMSLegislative ReviewProof of Concept GAO Audit & AccountabilityReportsOversight Report HR 4818 FMS CodingOverview Treasury Account Symbol (TAS) coding relationships to legislation. http://relationships.fmsi.net Federal AccountsSymbols & TitlesSee page 17 for receipt account fund structure an page 65 for expenditure account fund structure. Agency Grantor Performance, Report & Grantee Performance Evaluation Requirements AgencyFinancial Statements OMBBudget Reports Future MarkLogic ServerQuery & Reporting http://cgac.fmsi.net Subsequently Publish Documents From MarkLogic Server

  9. Federal Financial Transparency,Accountability, & Integrity Financial Literacy & Education Commission

  10. Course # Credits Foundation for Federal Financial Management (FFFM) Curriculum • Course # Credits Description • 3 Federal Financial Management Overview • Textbook – Federal Accounting Handbook • Textbook – Early Warnings and Quick Response: Accounting in the Twenty-First Century – Wealth Measurement Model • Government Accountability Office Glossary of Terms • Fundamentals of Federal Financial Accounting • Certifying Officers - Roles and Responsibilities • Treasury’s Central Accounting Requirements • IPAC - Intra-Governmental Payment and Collection Prompt Pay • 2 3 Federal Core Accounting System Textbook • 3 3 Federal High Performance Management Textbook • 4 3 Federal Budget Execution, Funds Control & Anti Deficiency Act • Reconciling Fund Balance With Treasury – TFM_Part 2—Chapter 5100 • Reconciling the Fund Balance w/Treasury Supplement • FMS 6652 Statement of Difference – Disbursements • FMS 6652 Statement of Difference – Deposits • Governmentwide Accounting System - Account Statement User Manual • FMS 6653: Undisbursed Appropriation Account Ledger • FMS 6654: Undisbursed Appropriation Account Trial Balance • FMS 6655: Unappropriated Receipt Account Ledger • FMS 6655: Receipt Account Trial Balance • FMS 6655: Report of Unavailable Receipt Transactions • 5 3 Federal Accounting Concepts & Standards • Governmental Budgeting and Accounting Concepts • Federal Accounting Standards Advisory Board • 6 3 Federal Appropriation Process • Practical Applications of Appropriations Law • The Budget System & Concepts • OMB Circular A-11 • The Budget Process

  11. Course # Credits Foundation for Federal Financial Management (FFFM) Curriculum Course # Credits Description 6 3 Federal Appropriation Process Practical Applications of Appropriations Law The Budget System & Concepts OMB Circular A-11 The Budget Process 7 3 Federal Standard General Ledger & Anti Deficiency Act U.S. Standard General Ledger: Basic – Chart of Accounts U.S. Standard General Ledger: Intermediate – Transactions and T Accounts U.S. Standard General Ledger: Advanced – FACTS I & FACTS II Reporting 8 3 Federal Financial Reports – Agency FACTS I: Reporting Proprietary Accounting Data FACTS II: Reporting Budget Execution Data Standard External Reports SF-133: Report on Budget Execution FMS 2108 Form & Content Reporting: Balance Sheet Statement of Net Cost Statement of Changes in Net Position Statement of Custodial Activity FIRST – Financial Information & Reporting Standardization FMS 224: Statement of Transactions SF 1219 & SF 1218 Statement of Accountability SF 1220 & SF 1221 Statement of Transactions 9 3 Federal Financial Reports - Treasury Daily Treasury Statement Monthly Treasury Statement Combined Statement Financial Report of the United States Government Treasury Bulletin

  12. Course # Credits Foundation for Federal Financial Management (FFFM) Curriculum • Course # Credits Description • 10 3 Federal Financial Control • OMB Circular A-123 Textbook • 3 Federal Financial Analysis & Federal Activity Based Cost Accounting • 3 Federal Financial Management and Authentication Textbook • 13 3 Government Policy, Procedures & Regulations: • Department of the Treasury, Treasury Financial Manual • Office of Management & Budget, OMB Circulars • Government Accountability Office • Federal Accounting Standards Advisory Board, Principles, Concepts & Standards • Financial Systems Requirements: • Standards Business Practices • Core Financial Systems Requirements • Common Government-wide Accounting Classification System – Civilian Agencies • Standard Financial Information Structure - Department of Defense • Charge Card Data Elements • Total 39 Curriculum Course Credit Hours • 42 546 Total Course Class Hours & Total Curriculum Hours (42 Class Hour x 13 Courses)

  13. Federal Financial Transparency,Accountability, & Integrity The Digital Accountability and Transparency Act, H.R. 2146 IH

  14. Federal Financial Management Board • Executive Branch Independent Agency • Presidential Appointment & Senate Confirmation of • Chairman & Chief Financial Officer and Controller • Certified Public Accountant or Certified Government Financial Manager • Fifteen Year Term of Office, Single Term • Organization Membership: • Chairman, Chief Financial Officers Council • Chairman, Financial Literacy & Education Commission • Chairman, Federal Agency Financial Standards Board • Chairman, Federal Transparency, Accountability, & Integrity Commission(New Public/Private Transparency, Accountability & Integrity Advisory Partnership) • Principle Member, Joint Financial Management Improvement Program

  15. Financial Management Organization Consolidation

  16. Data Act Financial Reporting Consolidation

  17. Federal Financial Transparency, Accountability, & Integrity AGA Professional Development ConferenceJul 29-Aug 1, 2012 San Diego, CA Decision Making MarkLogic User GroupConferenceApr 30-May 3, 2012 Government ForumNov 16, 2011 Ronald Regan BuildingWashington, DC Fordham UniversityConferenceFederal Financial Transparency, Accountability, & IntegrityJan 23, 2012 Transparency Single Financial Data Repository Financial Analysis Public InternetAccess IntegrityFinancial Literacy Near Term–CPE TrainingLong Term-Federal Financial Management Institute Accountability Independent-Data ActAudit ReportingFinancial Reporting Performance Reporting Fordham UniversityNew York, New York

  18. Federal Financial Transparency, Accountability, & Integrity Public & Private Sector PartnershipAGA CPAG Research Report Unstructured Database Technology Grant Thornton &Kearney & Company MarkLogic Treasury Financial Management Service Government Accountability Office Library of Congress & Department of Defense

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