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Q1 2025 Journal

Thought Leadership for the Federal Enterprise Risk Management Community
AFERM Journal – Q1 2025

PRESIDENT'S CORNER

Greetings and Happy New Year  to all our AFERM members, sponsors, and those interested in Enterprise Risk Management or supporting AFERM’s mission. As I contemplate my new role as AFERM President, I would be remiss not to thank Jason Bruno for his leadership and service as the 2024 AFERM president and recognize all the hard work our volunteers and members contributed. I am beyond thrilled to step into this role with enthusiasm and high expectations.

Although I am one of the founders of AFERM, I do not take my responsibility lightly. It’s great to see how far the organization has gone! What a metamorphosis. The growth has been phenomenal, given the complexities of the government space. This makes AFERM's success even more incredible to behold.
 
Think about it: our association has weathered the government cycles through continuing resolutions, sequestrations, and presidential cycles in the last decade. Yet, we still show up to serve the government sector and its professionals. And you know why? Because our collective passion and expertise are so much bigger than who we are individually. Remember, AFERM was an outcome of a grassroots effort before there was a mandatory policy requiring agencies to do ERM.
 
We are the catalyst. As an association, we own the Federal ERM government space. So, where do we go from here?
 

THOUGHT LEADERSHIP

AI for Financial Management. Are you ready?

by Paul Faust, Workiva

It’s no secret that artificial intelligence is making its way into nearly every industry, ushering in transformative change and disrupting the status quo. Financial management is no exception. When we think about financial management, our images often harken back to the old days, when green eyeshades, pencils and spreadsheets dominated the landscape.

READ MORE

Enhancing Fraud Detection in Federal Financial Systems through AI and Machine Learning

by Timothy M. Hanlon, CPA, CISA, CIA, CGFM, CRMA, PMP, MBA, CGMA

The complexity of modern financial fraud presents a critical challenge to traditional detection methods in federal and government agencies. As enterprise risk management (ERM) frameworks evolve to address emerging risks, artificial intelligence (AI) and machine learning (ML) offer transformative solutions for strengthening fraud detection and reducing vulnerabilities.

READ MORE

2025 STATE & LOCAL ERM
VIRTUAL CONFERENCE

Don't forget to register for the AFERM's 2025 State & Local ERM Virtual Conference ! This inaugural virtual event will take place on Thursday, February 27th from 11:00am-5:00pm ET.
 
This one-day virtual conference is intended for professionals in State & Local Government that already have or are looking to start an ERM program in their organization. Topics include:
  • ERM Early Adopters & Stories: Cities, Countries, States, Higher Ed. – Sponsored by Origami Risk
  • ERM Governance
  • ERM Finance & Audit – Sponsored by EMY Consulting
  • ERM Resiliency in Critical Infrastructure
  • ERM Cybersecurity & Privacy – Sponsored by Crowe LLP
  • ERM: A One-Bite Approach
Register Here
Explore the Event Schedule

AFERM RiskChats

RiskChats is AFERM’s podcast that focuses on Enterprise Risk Management (ERM) in the Federal space. Candid insights and perspectives from some of the U.S. Government’s most recognized Chief Risk Officers and Risk Management professionals.

Episodes will come out bi-weekly and be posted to the website.

Check out our latest episodes!
 
Episode 83: SFFAS 64 with Robin Gilliam
Episode 82: ERM Training with Brad Grams & Jovandra Sanderlin
Episode 81: European Perspectives on ERM with Dominic Bowen
 
Learn More and Listen HERE.

Join or Renew Your AFERM Membership

AFERM is the premier professional community for government ERM practitioners. Here are just a few of the benefits that your AFERM membership gives you year-round:

  • Access to our online resource library with over 100 contributed artifacts
  • “Risk Chats” – the official AFERM podcast
  • Educational workshops for ongoing professional development
  • Virtual and physical communities through our forums, communities of practice, and book club
  • Discount on the annual AFERM Summit
  • The latest news and info in ERM.
Log In to Renew
Click Here to Join

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