One of the major roles of the finance department is to identify appropriate financial information prior to communicating this information to managers and decision-makers, in order that they may make informed judgements and decisions. While the Department is still actively considering the exact scope of patents and copyrighted software to be included in line with the OECD standards, the explicit inclusion of copyright and other rights pertaining to computer software within the regime is a development to be welcomed. Cardiff said the IMF told the government such a programme would be available if necessary, but then Finance Minister Brian Lenihan said we would not engage with this suggestion. And I hope that if asked, the finance department, the finance should give you the answers as well.
Cardiff, who worked at the department from 1984-2012, noted that no one paid as much as Ireland” when helping to save the euro. Then we had the Siteserv revelations about how the sale of a former Anglo loan of the company, which was sold to businessman Denis ‘Brien’s Millington company, caused concerns within the Department of Finance. Finally, on Friday we had new revelations of major tensions between the nationalised Anglo, known as IBRC and the Department of Finance that went well beyond Siteserv.
After the Tánaiste’s solo run that an investigation would take place, Minister Noonan announced that KPMG, the special liquidators of Anglo Irish Bank and Irish Nationwide Building Society, or as it is known now, IBRC, would be conducting an investigation into several transactions that took place in Anglo after the bank was nationalised. It is clear that the government were being advised and had knowledge that led the Minister for Finance to have concerns about how the nationalised Anglo was being managed, but the Irish people were kept in the dark. Number one, I’ll caveat this by saying there are good finance people and there are bad finance people.
News The New South Wales Department of Finance, Services & Innovation (DFSI) has advertised for a new group chief information officer, with its longstanding incumbent CIO Malcolm Freame reportedly shifting into a different role inside the state’s public sector. In this role, he has led the implementation of the state’s Blueprint for Shared Services and led ICT reforms within the department that have seen some services moved out to a shared services model.
The department has advertised to replace Freame The role carried with it a total remuneration package of between $252,000 and $284,000, dependent upon skills and experience, and the successful candidate will need to demonstrate a wide variety of ICT-related skills to be successful. UAE: The Financial Arm of the Government, Abu Dhabi Department of Finance (DOF) has selected Nexthink to implement IT governance; to provide best-in-class financial services and continuity of facilities to local businesses as well as employees.