Office of the Chief Financial Officer (Department of Agriculture)

Stored: Office of the Chief Financial Officer (Department of Agriculture)

Office of the Chief Financial Officer (Department of Agriculture) Type: Government Agency Parent organization: Department of Agriculture Top organization: Department of Agriculture Employees: Executive: Chief Financial Officer Budget: Not specifically itemized; part of USDA's total budget for FY 2024, which was around $25.3 billion. Address: 1400 Independence Ave., SW, Washington, DC 20250 Website: https://www.usda.gov/our-agency/about-usda/offices/office-chief-financial-officer Creation Legislation: Established under the Chief Financial Officers Act of 1990, which mandates the appointment of CFOs in federal agencies to improve government financial management. Wikipedia: Office of the Chief Financial Officer (Department of Agriculture)

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Mission Provides leadership in managing USDA's financial resources, ensuring fiscal integrity, and enhancing financial performance to support the Department's mission.

Services Oversees financial management systems and internal controls Prepares financial statements and manages audits Implements financial policies and procedures Manages budget execution and financial planning

Regulations 7 CFR Part 1, Subpart A - USDA's Organizational and Delegational Regulations Chief Financial Officers Act of 1990

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).

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.

Parent organization

The parent organization is the U.S. Department of Agriculture.

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.

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.

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.

Leader's title

The title of the leader of this organization is "Chief Financial Officer."

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.

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.

Headquarters address

The headquarters address for the Office of the Chief Financial Officer is: 1400 Independence Ave SW, Washington, DC 20250, USA

Staff

Not publicly specified; part of USDA's financial management staff.

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).

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.

References

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