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Financial Management Office
Henry Hoffman, Director and Chief Financial Officer

The Financial Management Office (FMO) is responsible for agency-wide budget, financial accounting, and acquisition policies and services, program performance reporting, compliance with federal financial management regulations and statutes, and management audit review. FMO's activities include:

  • Providing accurate and timely financial information to agency and program managers, Congress, the Department of Treasury, the Office of Management and Budget (OMB), and other federal control agencies, as appropriate.

  • Developing and applying effective financial management policies, procedures, and reports that integrate program performance.

  • Preparing and justifying the FTC's annual budget and Government Performance and Results Act submissions to OMB and Congress. See Financial Documents and Government Performance and Results Act .

  • Executing enacted appropriations, through strategic and operational planning, distributing funds to FTC bureaus and offices, and monitoring the obligation and reprogramming of funds. See: Budget History Tables.

  • Maintaining agency financial accounts and records, and preparing auditable financial statements. See Office of Inspector General: Audit Report.

  • Managing agency-wide contracting and acquisition policies, procedures, competitions, and systems. See: Procurement Opportunities.

  • Administering the agency's core financial management and staff time and reporting systems

Last Updated: Thursday, June 3, 2004