[20200813]IF11620_联邦财务管理办公室：概述.pdf

https:/crsreports.congress.gov August 13, 2020The Office of Federal Financial Management: An OverviewIntroduction In an effort to improve federal financial management, Congress established the Office of Federal Financial Management (OFFM). A component of the Office of Management and Budget (OMB), OFFM centralizes the development and implementation of financial management policies, reviews agency audit reports, and leads the Chief Financial Officer (CFO) Council, among other statutory responsibilities. Given its central role in managing financial management improvements across the executive branch, OFFMs structure and policy focus, as well as the effectiveness of its activities, may raise issues for Congress. Origin of OFFM The Chief Financial Officers Act of 1990 (CFO Act) was the result of five years of bipartisan effort to increase federal accountability through financial management reforms. The CFO Act sought to improve agency financial management systems to reduce fraud, waste, and abuse of government resources, and ensure agencies produce complete, reliable, timely, and consistent financial information to inform decisionmaking. Through the CFO Act, Congress statutorily vested