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The Future of Federal Financial Management
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The Future of Federal Financial Management

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 * Progress Statement 2022
 * Transformation Stories




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PROGRESS STATEMENT 2023


WORKING TOGETHER FOR THE FUTURE


Fiscal’s Progress Statement 2023 highlights our vision, strategy, and goals
moving forward in federal financial management.

Learn More

"The challenges of the past year have tested all federal agencies. As the
continuing pandemic made public services ever more urgent for American citizens,
we had to develop new ways of working: more virtual, more inclusive, more
agile."

Tim Gribben
Commissioner
Bureau of the Fiscal Service

Learn More


2022 ANNUAL FISCAL SERVICE LETTER TO CHIEF FINANCIAL OFFICERS


OUR GOALS


Learn more about Fiscal Service Vision Goals in the 2022 Annual Fiscal Service
Letter to Chief Financial Officers.

Learn More


LEARN ABOUT THE FM QSMO MARKETPLACE

(Financial Management Quality Service Management Office)


TRANSFORMATION STORIES


FEDERAL FINANCIAL MANAGEMENT AND THE PANDEMIC


Responsive financial management during the COVID-19 pandemic highlighted the
importance of innovation and agility built on a solid foundation — with an eye
on the future. Read about it.

READ STORY


WHAT IS THE FM VISION?

In early 2018, the Bureau of the Fiscal Service drafted a white paper titled,
The Future of Federal Financial Management. Referred to as the FM Vision, the
paper described a broad view of the Bureau’s role in supporting agency Chief
Financial Officers and maximizing financial management efficiency throughout the
federal government.

Since then, the FM Vision has served as a “north star” in the Fiscal Service’s
strategic planning process. The FM Vision sets incremental goals. These goals
are updated each year in the annual Fiscal Service Commissioner’s Letter to
Chief Financial Officers, which is sent to CFO Act Agency CFOs and DCFOs, the
federal financial management community, and the Fiscal Service workforce. An
annual Progress Statement reports on the year’s advancement toward the goals
that are outlined in the CFO Letter. As of 2020, the Bureau of the Fiscal
Service has achieved 11 of its 18 goals. Review the original white paper.


CONTACT US

FMVision@fiscal.treasury.gov Subscribe to our mailing list

Last modified 06/14/24

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