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AGA 2020 Professional Development Training


T103 - Intragovernmental Transactions - A New Day in the Navy's Business with Federal Trading Partners (FOS: ACCG)


Jul 21, 2020 10:30am ‐ Jul 21, 2020 11:20am

Expiration Date: Aug 13, 2021

Description

This workshop will focus on the Department of the Navy's approach in addressing Treasury's G-Invoicing mandate. With deadlines approaching quickly and the tone at the top calling for reform, the Navy's created a viable solution that fixed its problems and cleared up a material weakness for the entire federal government.

Learning Objectives:
  • Gain an understanding of the approach the Department of the Navy and the U.S. Coast Guard took to support the G-Invoicing transitional mandate by Treasury and remediate an ongoing challenge for the entire federal government.
  • Gain insight into current IPAC system rules that permit federal agencies to pull funds without proper invoicing, receipt and acceptance, resulting in an inability to properly account for, reconcile, and eliminate intragovernmental transactions and balances.
  • Explore ways the rules impact the accuracy of the Navy's financial statements, the department's auditability, and its capability to drive strategic budgetary decisions.

Moderator(s):

  • Joseph Doyle, Branch Head, Dept. of Navy Fin. Mgmt Operations OASN (FM&C)

Speaker(s):

  • Sharon Bellinger, Director, Financial Management Policy & Accounting, Naval SEA Systems Command
  • Frances Rosal, Funds Control Branch Head, Navy Information Warfare Systems Command
  • Christopher Beck, Accountant, Bureau of the Fiscal Service
  • Andrew Greene, Cleveland Accounts Receivable Accountant, DFAS
  • Jim Hiltz, LCDR, Chief of Financial Policy, U.S. Coast Guard
  • Keith Counihan, Client Executive Liaison Department of Navy, DFAS
  • Ms. Edom Aweke, CGFM, CPA, Director, Internal Controls & Compliance Division, Department of the Navy

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