Office of Federal Financial Management

Office of Federal Financial Management

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.

Branches:	Financial Standards and Grants Financial Integrity and Analysis Federal Financial 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 [17k]
What's New:	From the Controller's Desk -- Federal Real Propery Asset Management (October 2004)

For more information, please call (202) 395-3993.

Financial Standards and Grants Branch	Financial Integrity and Analysis Branch		Federal Financial Systems Branch
Circulars Legislation Memoranda Other Guidance Resources
From the Controller's Desk		Testimony

Return to this article at:
http://www.whitehouse.gov/omb/financial/index.html