GSA's Office of the CFO, formed under The Chief Financial Officers (CFO) Act of 1990, is responsible for:

• Financial management within the General Services Administration.
• Developing overall agency policies, guidelines, and procedures for budget administration, financial reporting, and financial management systems.
• Formulating policies governing how financial services are provided and managed.
• Establishing and maintaining accounting principles procedures, and systems.
• Developing polices and standards for cash and credit management.
• Maintaining liaison with the Office of Management and Budget (OMB), the Department of the Treasury, the General Accounting Office (GAO), and various Congressional committees agency financial management activities.