Financial Policy and Planning

OCFO Financial Policy and Planning includes functions to:

• lead, direct, oversee, and administer financial management activities across the USDA



• serve as the Controller of the Departmental Working Capital Fund (WCF);



• monitor Department-wide audit findings and resolutions



• administer debt-collection processes and policies



• coordinate the Department's strategic planning process



• develop USDA's consolidated Strategic Plan



• coordinate the Department's Annual Performance Plan process



• develop the USDA Annual Performance Plan



• establish the system of internal controls



• streamline, enhance reporting and monitor processes to ensure accountability



• implement credit reform and credit management initiatives



• coordinate and develop policies, standards, and programs, and other instructions for cost accounting



• coordinate the Federal Activities Inventory Reform Act (FAIR) and planning for competition of commercial activities (A-76)



• establish travel, cash management, and other applicable fiscal and financial management policies



• develop a financial management reporting strategy for USDA



• provide budget formulation and execution leadership for designated offices



• oversee the OCFO's headquarters administrative operations

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Last Modified: 05/11/2007