Update on FMLoB. Owen Barwell, DCFO US Department of Energy May 2009. What FMLoB is today. Provide timely and accurate data for decision making Implement internal controls for greater integrity Reduce costs through shared service solutions
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Owen Barwell, DCFOUS Department of Energy
Develop a standard set of business processes for core financial management functions
GoalDevelop a common accounting classification structure
* Share prices can go down as well as up
FSIO and FMLoB documents on the website,
Owen Barwell, Chair, Financial Systems Transformation Team, DCFO at DOE