Office of Federal Financial Management

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• Financial Standards and Grants Branch
• Financial Analysis and Systems Branch
• Other Guidance
• Circulars
• Memoranda
• Resources
• Testimony

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:*	Circular A-133 Compliance Supplement, Addendum 1 (June 30, 2009) (301 pages, 1.3 mb) OMB Circular A-136, Financial Reporting Requirements - Revised (June 10, 2009) (160 pages, 1.44 mb) 2009 OMB A-133 Compliance Supplement (March 2009)
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 President’s Management Agenda Single Audit Travel and Purchase Cards
Organization Chart:	OFFM Organization Chart (1 page, 32 kb)

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Office of Federal Financial Management

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