Posts by luigi52

Military Service SBR Audits Awarded

Posted by on Dec 9, 2014 in DoD Audit, DoD Budget, DoD IG, Navy, Uncategorized | 0 comments

Here is a link to the recent DoD announcement regarding the award of audit of SBA to Army, Navy and Air Force.  Box score: Army    KPMG  ~$13 Million Navy     Cotton & Co. ~$9,9 Million Air Force Ernst & Young  ~14.4 Million

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Former Treasury Official, Richard L. Gregg joins H.J. Steininger PLLC

Posted by on Oct 6, 2014 in Uncategorized | 0 comments

  (Palm Beach Gardens, FL)—Former Fiscal Assistant Secretary of the United States Treasury, Richard (Dick) Gregg, joined H.J. Steininger (HJS) PLLC as a Managing Director, it was announced today. In his position with HJS, Gregg will be heavily involved in growing the HJS practice, which is focused on modernizing and improving federal financial management with an immediate emphasis on implementing financial and administrative shared services and the Digital Accountability and Transparency Act. Gregg recently retired after a second tour of duty at the Department of the Treasury. Earlier...

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“Where you stand depends on where you sit”, Miles Law and related maxims

Posted by on Sep 9, 2014 in Defense Industry, Leadership | 0 comments

I attended an evening affair recently with a well respected leader who reminded me that the old maximum “Where you stand, depends on where you sit” was actually memorialized by Rufus Miles of Princeton University back in the 70’s. Anyone who has ever been in a bureaucracy knows exactly what he means.  I myself am a slave to Miles Law.  And not only when I was lurking around the bureaucracy of the Pentagon, but even afterwards in my second career.  It’s not a bad thing, by the way.  In fact, if  you are to be a loyal member of any organization, you will be dealing with...

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Plugging the DFAS Dam

Posted by on Sep 4, 2014 in DoD Audit, DoD Budget, Financial Systems | 0 comments

I saw a reprint of an article done by Reuters the other day entitled “Special Report: The Pentagon’s doctored ledgers conceal epic waste” and even though it’s almost a year old, I think it still applies.   In just a few days, all the big accounting firms that do business with DoD will be submitting proposals to conduct audits of the the Army, Navy and Air Force Statements of Budgetary Activity (SBA)……that’s a high level balance sheet that has little applicability to the actual management of anything.  Experience in auditing the Marine Corps proved that trying to...

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Competition and Sewing Machines

Posted by on Aug 26, 2014 in Acquisition Reform, Defense Industry | 0 comments

I saw an interesting article this morning on the NDIA Blog site which said Secretary Frank Kendall, the Under Secretary of Defense for Acquisition, Technology and Logistics  USD(AT&L), was unhappy that DoD did not meet the goal for having more competition for defense-related contracts.   I’m not surprised at that because given the irrational focus of DoD on vendor profits, they have managed to make bidding on defense contracts so unattractive that fewer and fewer companies are making the effort to bid.  In my view, it’s not just one reason: There are less contractors out...

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