Office of Federal Financial Management
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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: | M-09-06, Implementation Guidance for the Federal Financial Management Improvement Act (January 9, 2009) (1 pages, 53 kb) Improving the Accuracy and Integrity of Federal Payments, 2008 Final Report (January 8, 2009) (39 pages, 247 kb) 2009 Federal Financial Management Report (January 7, 2009) (46 pages, 1.7 mb) FY 2009 User Guide to Financial Reporting in the MAX Federal Community (December 2008) 2008 Financial Report of the United States Government (December 15, 2008) |
Branches: |
Financial
Standards and Grants Financial Analysis and Systems |
Key Issues: |
Agency
and Government-wide Financial Reporting Federal Asset Management Financial Management Systems Grants Management Improper Payments Performance Measurement Presidents Management Agenda Single Audit Travel and Purchase Cards |
Organization Chart: | OFFM Organization Chart (1 page, 18 kb) |
Financial
Standards and Grants Branch |
Financial Analysis and Systems Branch |
Other Guidance | Testimony |