Annual Performance Plan 508

LEADING THIS OBJECTIVE
Joseph Hungate
Deputy Chief Financial Officer
Office of the Chief Financial Officer
FY14 APG PROGRESS UPDATE
The Department succeeded in going live with the Concur module in the New Core Financial Management
System in conjunction with the Bureau of Fiscal Service. It’s currently on schedule to go live with the Core
Financials and Procurement modules on October 1, 2015.
MAJOR MILESTONES
10/1/2015 Implementation of New Core Financial Management System
Replace the current financial accounting systems with a new shared services system to improve
viability, reliability, and reporting
• 10/1/2014 – Go live with FedTraveler module (achieved)
• 2/8/2015 – Go live with updated WebTA module (achieved)
• 10/1/2015 – Go live with Core Financials and Procurement module
9/30/2015 Resolve HUD’s material weakness and significant deficiencies.
Resolve pertinent material weaknesses to restore OIG’s audit of HUD’s financial statements
to an unqualified audit opinion for FY 2015. Additionally, establish regular communication
with the OIG regarding new audit issues and a path toward resolution of existing material
weaknesses and significant deficiencies toward the goal of an unqualified audit opinion in
subsequent years.
MEASURING OUR PROGRESS
To track our progress towards this objective, HUD will monitor completion of the milestones above.
Achieving Operational Excellence Management Challenges and Objectives
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