January 12, 2017
On Thursday, January 12, the National Academy of Public Administration and Grant Thornton hosted a Working Capital Fund Symposium on the WCF implementation in the U.S. Government and Accountability Office (GAO).
The quarterly WCF Symposium aims to develop discussions to adopt a more streamlined WCF approach. Through this collaborative effort, government executives and managers can discuss WCF issues, share lessons learned, and gather best practices. Agency leaders share their insights to implement and sustain Working Capital Funds.
The meeting was introduced by Teresa Gerton, President and CEO of the National Academy of Public Administration, and Jennifer Ayers, Director in the Office of the Secretary, Financial Management at the Department of Commerce (DOC).
Leah Nash, who serves as Assistant Director of Strategic Issues in the U.S. Government Accountability Office (GAO), conducted a presentation on WCF performance and accountability from her agency’s perspective. A discussion was moderated by Jim Taylor, Managing Director for Grant Thornton’s Global Sector Practice.
Subsequently, Chris Richey, the Revolving Fund Manager in the Division of Budget Administration and Departmental Management in the Office of Budget, Department of the Interior (DOI), delivered an update on the Strategic Interest Groups.
Conclusively, the next steps for the Working Capital Fund Symposium were evaluated.