About CFOC

About the CFO Council

The Chief Financial Officer Council (CFOC) is the federal government's primary leadership body for advancing effective financial management across agencies. Established by the Chief Financial Officers Act of 1990, the Council brings together CFOs and Deputy CFOs from the 24 CFO Act agencies to strengthen financial stewardship and support sound decision making on behalf of the American public. Through this collaboration, the Council promotes a unified approach to financial leadership and elevates issues that require governmentwide visibility and coordination.

Our Purpose

What the Council Does

The Council meets regularly to address governmentwide financial priorities and support strategies that impact federal operations. This includes coordinating cross-agency efforts, providing input on financial policy direction, and surfacing issues that require collective attention. Through collaboration and ongoing engagement, the Council helps agencies stay aligned and prepared to address emerging challenges.

Core Responsibilities

• Modernizing and consolidating financial systems
• Improving the quality and usability of financial information
• Establishing and updating governmentwide data standards
• Strengthening internal controls and accountability
• Supporting legislation that influences federal financial operations
• Coordinating cross-agency initiatives and priorities

At a Glance

• CFO Act Agencies represented
• Established in 1990 by the CFO Act
• Regular monthly engagement across the CFO community