Rapid technology shifts in the financial services sector make the power and agility of the cloud more critical than ever for federal regulators and policy makers.

​The Government Accountability Office has taken issue with the way the Internal Revenue Service is managing and safeguarding its financial systems, according to a report released Thursday.

In 2011, former Secretary of Defense Leon Panetta gave the military services until Sept. 30, 2014 to get their Statement of Budgetary Resources ready for audit. But…

The Army’s goal of achieving its first successful financial audit in its 239-year history may be at risk because financial managers misconfigured one of the main enterprise…

Kristyn Jones, deputy assistant secretary of the Army for financial information management, said the Army in June will be ready for its first major financial audit in…