FHWA UPDATE Elissa Konove, CFO 2012 Internal/External Audit Conference Tempe, Arizona

Overview  MAP-21  FHWA/Office of the CFO Organization  Risk-based oversight  Audit guide implementation  Cost recovery  Innovations in financial management  Resources

Moving Ahead for Progress in the 21 st Century (MAP-21)  Creates jobs  Simplifies programs  Supports safety  Promotes innovation  Strengthens systems  Performance-based

FHWA/OCFO Organization  April 2012 realignment of acquisitions and audit functions  Coordination with Office of Program Administration, Resource Center, Program Management Improvement Team  Coordination with State DOT finance/audit partners and stakeholders

CFO Elissa K. Konove DEPUTY CFO/ CHIEF BUDGET OFFICER Brian R. Bezio Office of Budget Jon Gatti, Director Budget Formulation & Apportionments Budget Execution Office of Financial Services Morten Sorensen, Director Financial Statements Financial Operations Delphi Systems Office of Financial & Management Programs Juli Huynh, Director Financial Management Management Analysis Travel Policy Program Coordinator Aimee Krumich DIRECTOR, OFFICE OF ACQUISITIONS & GRANTS MGT. Thomas R. Miller Acquisition & Grants Operations Division Vacant, Chief Acquisition & Grants Planning and Policy Division Diane Campbell, Chief Office of the CFO April 2012

Risk-based oversight  FHWA risk program  Financial Integrity Review and Evaluation (FIRE) program  State risk framework

Audit guide implementation  National Highway Institute training course  National compensation matrix  Question and answer guidance on consultant services

Cost recovery  DCAA audit status  Next steps

Innovations in financial management  Evaluation of proposals to improve financial management  Tests of to be conducted under Test and Evaluation Project TE-045  Within bounds of Title 23  Announcement in late summer of ideas to be tested

Resources  Elissa Konove, Office of the CFO  Juli Huynh, Office of Financial and Management Programs  Scott Swarens, Financial Management and Internal Controls  Dave Bruce, Program Management Improvement Team  Office of Program Administration