OGR Subcommittee Announces Two Federal Financial Management Hearings

SUBCOMMITTEE ON GOVERNMENT ORGANIZATION, EFFICIENCY AND FINANCIAL MANAGEMENT

THE HONORABLE TODD RUSSELL PLATTS, CHAIRMAN

OGR Subcommittee Announces Two Federal Financial Management Hearings

The Government Organization Subcommittee has announced two hearings studying federal financial management reporting process. The first will feature testimony from members the Federal Accounting Standards Advisory Board’s Task Force on improving the federal financial reporting model and increasing transparency through technology. The second hearing will look at the federal government’s FY 2010 Consolidated Annual Financial Report.

Making Sense of the Numbers: Improving the Federal Financial Reporting Model

Date: Wednesday February 16th, 2011

Start Time: 1:30 p.m.

Location: 2203 Rayburn House Office Building

Witnesses:

• Tom Allen, Chairman of Federal Account Standards Advisory Board

• Jonathan Breul, IBM Center for the Business of Government, FASAB Task Force

• Mike Hettinger, Executive Director with Grant Thornton LLP, FASAB Task Force

(The report is available at: http://www.fasab.gov/pdffiles/2010dec22_financial_reporting_model_task_force.pdf)

A Look at the FY2010 Consolidated Financial Statements of the U.S. Government

Date: Wednesday, March 9, 2011 (POSTPONED FROM FRIDAY 2/11/11)

Start Time: 9:30 a.m.

Location: Room 2203 Rayburn House Office Building

Witnesses:

• The Honorable Gene L. Dodaro, Comptroller General of the United States, Government Accountability Office

• The Honorable Richard L. Gregg, Fiscal Assistant Secretary, Department of the Treasury

• The Honorable Daniel I. Werfel, Controller and Director of the Office of Federal Financial Management, Office of Management and Budget (Invited)

###