Office of Federal Financial Management
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For more information, please call (202) 395-3993
Click here for PDF assistance
For more information, please call (202) 395-3993
| Mission: | To promote and support first class financial management in the executive branch of the Federal Government. |
| History: | The Office of Federal Financial Management (OFFM) was created within the Office of Management and Budget (OMB) by the Chief Financial Officers (CFO) Act of 1990. OFFM, led by the OMB Controller under the direction of the Deputy Director for Management, is responsible for the financial management policy of the Federal Government. OFFM responsibilities include implementing the financial management improvement priorities of the President, establishing government-wide financial management policies of executive agencies, and carrying out the financial management functions of the CFO Act. |
| What's New: | The Federal Government's Financial Health, A Citizen's Guide to the 2007 Financial Report of the United States Government (February 2008) (12 pages, 3 mb) 2008 Federal Financial Management Report (January 31, 2008) (51 pages, 1.42 mb) Improving the Accuracy and Integrity of Federal Payments, 2007 Final Report (January 31, 2008) (49 pages, 286 kb) Update on the Financial Management Line of Business (January 28, 2008) (13 pages, 270 kb) |
| Branches: |
Financial
Standards and Grants Financial Integrity and Analysis Federal Financial Systems |
| Key Issues: |
Agency
and Government-wide Financial Reporting Federal Asset Management Financial Management Systems Grants Management Improper Payments Performance Measurement President’s Management Agenda Single Audit Travel and Purchase Cards |
| Organization Chart: | OFFM Organization Chart (1 page, 18 kb) |
| Financial
Standards and Grants Branch |
Financial
Integrity and Analysis Branch |
Federal
Financial Systems Branch |
|
