Grant Training 101: Uniform Guidance Administrative Requirements Now Available

The latest module for the Grant Training 101 on Uniform Guidance Administrative Requirements is now available. This module provides an introduction to the general provisions, pre- and post-award administrative requirements outlined in Subparts A through D of the Uniform Guidance (2 CFR 200) for Federal awarding agencies and award recipients. The module includes examples of how … Continued

Read More
FY 16 Agency Financial Reports

Resource: FY16 Agency Financial Reports

This page contains links to financial reports of the U.S. government and other federal agencies for FY16. These links are being provided as a resource for visitors to our Web site and should not be viewed as an endorsement of the documents, reports, or views contained therein. If you wish to suggest additional links or … Continued

Read More
Controller Alert

CONTROLLER ALERT: Catalog of Federal Domestic Assistance Numbering Schematic

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 may be warranted, but do not constitute official guidance or prescribe specific tasks for agencies … Continued

Read More

Updating Progress on COFAR Priorities for FY 16-17

The COFAR Principals, led by the Controller of OMB, meet annually to discuss progress and set future priorities. In November 2015, the COFAR finalized and approved the FY16-17 Council priorities. The COFAR has publicly posted its priorities on the COFAR website since 2013 as a best practice to increase transparency of its activities and hold itself … Continued

Read More

CFO Council Releases Study: “Agency Implementation of Payment Recovery Audit Requirements”

The Chief Financial Officers Council (CFOC) recently completed a study entitled “Agency Implementation of Payment Recovery Audit Requirements.”  This report was prepared in accordance with the Improper Payments Elimination and Recovery Act of 2012 (IPERA, P.L. 112-248). This report consists primarily of review and analysis of Agency Financial Reports (AFRs) or Performance and Accountability Reports … Continued

Read More

CFO Council RoundUp – April 13, 2016

Welcome to the CFO Council RoundUp, a series of blog posts on featuring news stories, training opportunities, and job openings from around the Council. In the News Senate Author of DATA Act Presses Agencies on Follow-Up, Government Executive, April 7, 2016. “As part of a broad push for improving reliability of the government’s financial statements, Sen. Mark Warner, D-Va., on … Continued

Read More

UPDATED: Register Now for FASAB Annual Update on April 18

Sign up for free CPE by April 13th at! On Monday, April 18, 2016, the Federal Accounting Standards Advisory Board will hold its 2016 Annual Update at the General Services Administration Auditorium, 1800 F Street NW, Washington DC. The update is provided free of charge to Federal employees. and attendees will receive 4 CPE credit … Continued

Read More

Welcome Gerard Badorrek – Chief Financial Officer, General Services Administration

The CFO Council would like to congratulate Mr. Badorrek on his appointment as the Chief Financial Officer of the General Services Administration (GSA). In this role, he is responsible for the management of GSA’s $24 billion budget. As the senior executive at GSA who is responsible for all the financial programs and activities of the agency, … Continued

Read More