Office of the Chief Financial Officer (Department of Agriculture): Difference between revisions
(Created page with "== Overview == The '''Office of the Chief Financial Officer (Department of Agriculture)''' is responsible for the financial leadership and management of the U.S. Department of Agriculture (USDA).<ref name="usdaocfo">U.S. Department of Agriculture. "Office of the Chief Financial Officer". [https://www.usda.gov/our-agency/about-usda/offices/office-chief-financial-officer]</ref> == Mission == The mission of the Office of the Chief Financial Officer (OCFO) is to foster an e...") |
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Revision as of 00:33, 8 December 2024
Overview
The Office of the Chief Financial Officer (Department of Agriculture) is responsible for the financial leadership and management of the U.S. Department of Agriculture (USDA).[1]
Mission
The mission of the Office of the Chief Financial Officer (OCFO) is to foster an environment where USDA officials can make informed policy, management, and program decisions using high-quality financial and performance information. OCFO shapes USDA's financial management practices, ensuring fiscal accountability, integrity, and efficiency in the stewardship of public resources.[1]
Parent organization
The parent organization is the U.S. Department of Agriculture.[2]
Legislation authorizing creation
The OCFO was established by the Chief Financial Officers Act of 1990, which required major federal agencies to have a Chief Financial Officer.[3]
Number of employees
The exact number of employees for OCFO is not specified in the provided sources, but USDA as a whole employs over 100,000 individuals.[1]
Last total enacted budget
The last total enacted budget for OCFO specifically is not publicly detailed in the sources provided. However, the USDA's overall budget for fiscal year 2022 was $248.2 billion.[4]
Leader's title
The title of the leader of this organization is "Chief Financial Officer."[1]
Services provided
The Office of the Chief Financial Officer provides services such as strategic financial planning, budget formulation and execution, financial reporting, accounting operations, internal control oversight, and financial system management. It ensures USDA's financial activities comply with federal laws, manages the Department's financial systems, and provides financial advice to USDA leadership to support decision-making processes.[1]
Regulations overseen
The OCFO oversees compliance with various financial management regulations, including those mandated by the Chief Financial Officers Act, the Federal Managers' Financial Integrity Act (FMFIA), and the Government Performance and Results Act (GPRA). It ensures that USDA's financial practices adhere to federal accounting standards, manage risk, and maintain accountability in financial reporting and operations.[1]
Headquarters address
The headquarters address for the Office of the Chief Financial Officer is: 1400 Independence Ave SW, Washington, DC 20250, USA[5]
Website
The website for the Office of the Chief Financial Officer is [7](https://www.usda.gov/our-agency/about-usda/offices/office-chief-financial-officer).[1]
Wikipedia article title
There isn't a specific Wikipedia article titled for this office; however, you might find information under the broader "United States Department of Agriculture" article title.[6]
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 U.S. Department of Agriculture. "Office of the Chief Financial Officer". [1]
- ↑ U.S. Department of Agriculture. "About USDA". [2]
- ↑ Congress.gov. "Chief Financial Officers Act of 1990". [3]
- ↑ U.S. Department of Agriculture. "FY 2022 Budget Summary". [4]
- ↑ Google Maps. [5]
- ↑ Wikipedia. "United States Department of Agriculture". [6]
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