What We Do

With leadership from federal CFOs, senior officials at the Office of Management and Budget, and U.S. Treasury, the CFO Council tackles the most pressing issues in Federal financial management with collaborative leadership.

The Latest

Controller Alert: Agency Authority to Restrict Certain Types of Costs through Grant Terms and Conditions

Controller Alerts are designed to highlight emerging financial management issues that may require agency attention or action. These Alerts are intended to inform the Chief Financial Officer (CFO) community of key issues where the Office of Management and Budget (OMB) believes further action or awareness may be warranted, but do not constitute official guidance or … Continued

The President’s Management Agenda: Celebrating One Year of Progress

One year ago,  in Kansas City, MO, the Administration rolled out the President’s Management Agenda (PMA) as a long-term vision for modernizing the Federal Government. Today, the Office of Management and Budget released a new update which looks back on a year of progress toward the ultimate goal of improving mission outcomes, service to the … Continued

CFOC Members honored as Gears of Government Award Recipients

We’re excited to share that several teams and individuals from across the government have been named Gears of Government Award winners on behalf of the CFOC!

The Antifraud Playbook

To help advance the goal of safeguarding public resources, the Chief Financial Officers Council (CFOC) and the U.S. Department of the Treasury, Bureau of the Fiscal Service (Fiscal Service) have developed the Program Integrity: The Antifraud Playbook for use by the entire financial management community, including federal, state, and local agencies. The playbook and accompanying appendices are … Continued

GSA Awards NewPay BPA for Software-as-a-Service for Payroll and Work Schedule and Leave Management

WASHINGTON, D.C. – Today, the U.S. General Services Administration (GSA) announced the award of a 10-year, $2.5 billion NewPay blanket purchase agreement (BPA) that will provide payroll and work schedule and leave management Software-as-a-Service (SaaS) solutions and services. Payroll modernization aligns with the fifth Cross Agency Priority goal from the President’s Management Agenda, which calls … Continued

Robotics – the Future is Now!

Several agencies are making great strides in piloting robotic process automation (RPA) to improve speed and accuracy of routine and repeatable financial management processes. AGA and the CFO Council have teamed up to create an opportunity for financial leaders to learn from each other by sharing their recent experiences in leveraging robotics to increase speed, … Continued

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