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Office of Federal Financial Management

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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
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Organization Chart: OFFM Organization Chart [17k] PDF Information
What's New: From the Controller's Desk -- Federal Real Propery Asset Management (October 2004) New

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

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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