About the Chief Financial Officers Council

History Council Agencies Council Priorities Council Leadership Members Org Structure

About CFO.gov

Welcome to the refreshed & modernized CFO.gov! CFO.gov is now organized from a customer-first perspective. Most notably:

A fresh, compliant use of US Web Design System and Federalist templates
Information on JFMIP and FRPC
A living Policies & Guidance page, as well as Knowledge Sharing page, filterable by topic

We hope you like the redesigned site, and we’re relying on your feedback to make it even better. Our goal is to regularly improve -- to get you the information you need and to better connect you to our Council.

Mission History

The Council was established by the Chief Financial Officers (CFO) Act of 1990 (Public Law 101-576). It is an organization composed of the CFOs and Deputy CFOs of the largest Federal agencies, senior officials of the Office of Management and Budget, and the Department of the Treasury who work collaboratively to improve financial management in the U.S. Government.

The Council was established to advise and coordinate the activities of the member agencies on matters, including:

Consolidating and modernizing of financial systems;
Improving the quality of financial information;
Financial data and information standards;
Internal controls;
Legislation affecting financial operations and organizations; and,
Any other financial management matters.

The membership of the Chief Financial Officers Council includes:

Deputy Director for Management of the Office of Management and Budget, who shall act as chairperson of the Council;
Controller of the Office of Federal Financial Management of the Office of Management and Budget;
Fiscal Assistant Secretary of Treasury; and
Chief Financial Officers of the agencies listed below.

Council Agencies

Department of Agriculture
Department of Commerce
Department of Defense
Department of Education
Department of Energy
Department of Health and Human Services
Department of Homeland Security
Department of Housing and Urban Development
Department of the Interior
Department of Justice
Department of Labor
Department of State
Department of Transportation
Department of the Treasury
Department of Veterans Affairs
Environmental Protection Agency
National Aeronautics and Space Administration
Agency for International Development
General Services Administration
National Science Foundation
Nuclear Regulatory Commission
Office of Personnel Management
Small Business Administration
Social Security Administration

Council Priorities

Members of the Council identify the key issues necessary for successful implementation of the Chief Financial Officers Act of 1990 and to improve financial management leadership.

Since the Act was signed into law there has been substantial progress and many positive achievements. Individual Council members have stepped forward to lead committees and special projects to improve government-wide financial management.

The Council continuously reviews progress in each identified area of emphasis.

Current priorities are:

Improve financial management systems;
Effectively implement the Government Performance and Results Act;
Secure clean opinions on agency-wide and government-wide audited financial statements;
Develop a quality financial management workforce;
Improve loan management, tax and debt collection;
Design management systems to improve accountability for performance;
Modernize payments and business methods through electronic commerce.

President’s Management Agenda (PMA)

The PMA lays out a long-term vision for modernizing the Federal Government. It's one of the key ways our Council sets priorities. Learn more about the PMA and key drivers of reform on Performance.gov.