Federal Financial Assistance
In order to properly and consistently implement Federal financial assistance programs, the Federal Government must work together to ensure that U.S. taxpayer dollars are achieving results for the American people. A coordinated approach ensures the most efficient and effective use of taxpayer dollars to deliver the best results, protect taxpayer dollars, and ensure public trust. Effective implementation of programs and stewardship of funds by the executive departments and agencies is critical to achieving these goals.
Coordinated implementation of U.S. government Federal financial assistance, encompassing both financial and program management issues within and across agencies, depend on equitable, effective, transparent, and accountable management practices focused on delivering results for all. The CFOS Council’s role in ensuring proper execution and oversight of Federal financial assistance, including through transparent and standard financial information, is critical to the success of U.S. government programs.