Blueprint for Improvement

The Chief Financial Officers Council and the Office of Management and Budget have established the following goals and strategies for implementing governmentwide financial management reforms.

Provide leadership to promote the efficient management of government resources and assets.

• Improve accountability by ensuring that management control is a day-to-day process.
• Create an environment that demands quality financial management at all levels, provides incentives, eliminates impediments and encourages responsible risk taking.
• Build a partnership to ensure the functioning together of information resource management, program management and financial management, including budgeting.
• Attract, retain and develop highly qualified financial professionals who are valued members of the management team.

Provide quality financial services to customers based on their needs.

• Change the view of financial management from solely control to service.
• Enhance customer focus through strong partnerships.
• Commit to achieving high standards of customer financial services through continuous improvement.
• Help customers restructure their work processes in order to achieve more efficiently their service objectives.

Provide high-quality financial information on federal government operations that fully supports financial and performance reporting.

• Establish standards and definitions.
• Create a system for integrating performance measures, cost information and
  financial reporting.
• Establish integrated government financial management systems that minimize data entry and human intervention.
• Provide cost-effective reporting, analysis and advice that are interactive, timely, reliable, user-friendly and fully satisfy user needs.

Enhance the governmentwide framework that provides sound financial policies and services and facilitates effective communication.

• Improve the integration between the budget and management functions within the federal government.
• Review and improve the functions and coordination among central agencies and between central agencies and program agencies.
• Improve and expand collaboration, cross-servicing and user-friendly outreach within and among government organizations.
• Strengthen the partnership between the executive branch and Congress to improve financial management.

Enhance-continually-financial manage ment use of modern technology and business practices.

• Benchmark with ourselves and other high-performance organizations.
• Share best practices among agencies and with the public and private sectors.