The Office of Federal Financial Management (OFFM) is a sub-division the United States Office of Management and Budget

United States Office of Management and Budget

The Office of Management and Budget is a Cabinet-level office, and is the largest office within the Executive Office of the President of the United States .The current OMB Director is Jacob Lew.-History:...

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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 of 1990.

The Office was created by the Chief Financial Officers Act of 1990

Chief Financial Officers Act of 1990

The Chief Financial Officer and Federal Financial Reform Act of 1990, or CFO Act, signed into law by President George H.W. Bush on November 15, 1990, is a United States federal law intended to improve the government's financial management, outlining standards of financial performance and disclosure...

 (CFO Act), signed into law by President George H.W. Bush in 1990.

The OFFM's chief officer is the Controller

Comptroller

A comptroller is a management level position responsible for supervising the quality of accounting and financial reporting of an organization.In British government, the Comptroller General or Comptroller and Auditor General is in most countries the external auditor of the budget execution of the...

. The Controller of the OFFM is appointed by the President of the United States with the advice and consent of the U.S. Senate.

External links

• Office of Federal Financial Management (official website)