ICGFM Promotes Knowledge Transfer Among Public Financial Management Experts

Working globally with governments, organizations, and individuals, the International Consortium on Governmental Financial Management is dedicated to improving financial management by providing opportunities for professional development and information exchange.

Thursday, August 13, 2015

ICGFM September 9, 2015 DC Forum Luncheon - Data Act Implementation

September 9, 2015, 12:00 - 1:30 p.m.


Data Act Implementation

Our Speaker:
Karen F. Lee
Chief, Federal Financial Systems Branch
Office of Management and Budget (OMB)
The Data Act passed Congress on April 28, 2014 and was signed into law on May 9, 2014 (P.L. 113- 101). The Act amends the Federal Funding Accountability and Transparency Act (FFATA) to require full disclosure of Federal agency expenditures.

Ms. Lee will discuss the goals of the Data Act and the steps that OMB is taking to meet those goals:
  • Standardize data definitions – collaborate with Federal and non-Federal stakeholders to define common data elements across communities
  • Look at industry standards – during implementation, carefully examine common practices and uses to maximize positive impact
  • Consider implications – use collaboration tools and outreach processes to understand and consider potential implications for stakeholders in their future reporting and compliance based on standards
Our Speaker:
Ms. Karen F. Lee is currently the Chief of the Office of Federal Financial Management, Office of Management & Budget, Executive Office of the President and joined OMB in 2010.  Ms. Lee was previously an attorney with Kirkland & Ellis LLP and served for four years as a Policy Analyst, Office of Information & Regulatory Affairs, Office of Management & Budget.

Location:             Carnegie Endowment for International Peace
                            1779 Massachusetts Ave., NW
                            Washington, DC 20036

Time:                    12:00-1:30pm

Sponsored By: