Chief Financial Officers Act of 1990
E319544
The Chief Financial Officers Act of 1990 is a U.S. federal law that established chief financial officer positions in major federal agencies to improve government financial management, accountability, and reporting.
All labels observed (2)
| Label | Occurrences |
|---|---|
| Chief Financial Officers Act of 1990 canonical | 7 |
| CFO Act of 1990 | 1 |
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal law
ⓘ
public law ⓘ |
| administeredBy |
Office of Federal Financial Management
ⓘ
Office of Management and Budget ⓘ |
| amends | Title 31 of the United States Code ⓘ |
| appliesTo |
large executive branch agencies of the United States
ⓘ
major executive departments of the United States ⓘ |
| codifiedIn | 31 U.S.C. § 901 et seq. ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| createsRoleFor | Chief Financial Officers Council ⓘ |
| effectiveDate | 1990-11-15 ⓘ |
| enactedBy | 101st United States Congress ⓘ |
| establishes |
Chief Financial Officer position in each covered agency
ⓘ
Deputy Chief Financial Officer position in each covered agency ⓘ Office of Federal Financial Management ⓘ |
| focusesOn |
federal financial accountability
ⓘ
federal financial management reform ⓘ federal financial reporting ⓘ |
| impact |
enhanced independent auditing of federal agency financial statements
ⓘ
improved transparency of federal financial information ⓘ institutionalized the role of chief financial officers in major federal agencies ⓘ |
| jurisdiction |
United States government
ⓘ
surface form:
federal government of the United States
|
| language | English ⓘ |
| legislativeBranch | United States Congress ⓘ |
| objective |
to provide for long-range planning for financial management systems
ⓘ
to provide for systematic measurement of financial management performance ⓘ to provide reliable, useful, and timely financial information for decision makers ⓘ |
| publicLawNumber | Public Law 101-576 ⓘ |
| purpose |
to establish chief financial officer positions in major federal agencies
ⓘ
to improve financial management in the federal government ⓘ to improve reliability of federal financial reporting ⓘ to strengthen accountability for the stewardship of public funds ⓘ |
| relatedTo |
Chief Financial Officers Council
ⓘ
Federal Financial Management Improvement Act of 1996 ⓘ Government Performance and Results Act of 1993 ⓘ |
| requires |
appointment of a chief financial officer in specified executive agencies
ⓘ
development of integrated agency accounting and financial management systems ⓘ improvement of internal controls over financial operations ⓘ preparation and audit of agency-wide financial statements ⓘ |
| requiresReportingTo |
United States Congress
ⓘ
surface form:
Congress of the United States
Director of the Office of Management and Budget (Cabinet-level) ⓘ
surface form:
Director of the Office of Management and Budget
|
| sector | public sector financial management ⓘ |
| shortName |
Chief Financial Officers Act of 1990
self-linksurface differs
ⓘ
surface form:
CFO Act of 1990
|
| signatureDate | 1990-11-15 ⓘ |
| signedBy | George H. W. Bush ⓘ |
| statutesAtLargeCitation | 104 Stat. 2838 ⓘ |
| title | Chief Financial Officers Act of 1990 self-link ⓘ |
Referenced by (8)
Full triples — surface form annotated when it differs from this entity's canonical label.
Office of the Chief Financial Officer of the Department of Labor
→
follows
→
Chief Financial Officers Act of 1990
ⓘ
subject surface form:
Office of the Chief Financial Officer (NASA)
General Services Administration Chief Financial Officer
→
legalBasis
→
Chief Financial Officers Act of 1990
ⓘ
Chief Financial Officers Act of 1990
→
shortName
→
Chief Financial Officers Act of 1990
self-linksurface differs
ⓘ
this entity surface form:
CFO Act of 1990