Documents/CFOC/Values


  • Value [1] Partnership
    • Program and financial managers work in partnership, to achieve the full integration of financial (finance, budget, and cost), program, and oversight information and processes.

  • Value [2] Effectiveness and Efficiency
    • Financial management policies and practices enhance effectiveness and efficiency of governmental programs; measuring performance is a critical element in making decisions.

  • Value [3] Customer Service
    • Financial management emphasizes customer service based on customer needs.

  • Value [4] Integration and Sharing
    • Integrated financial management systems, with adequate internal review and controls, provide information that is timely, accurate, and analyzed for options in ways that specifically help achieve program objectives. Government-wide systems are shared among agencies, and accountability is assured.

  • Value [5] Technology and Results
    • Financial management leverages technology to achieve optimal results and maximize use of available resources.

  • Value [6] Performance Management
    • Performance management based on quantitative standards, collecting accurate and timely performance data. and comparing the results against appropriate standards are an integral part of planning decision making and assessment processes used by Agency management, Congress, the Executive Branch and the public.

  • Value [7] Stewardship and Reporting
    • Agencies assure Congress and the public that assets are being safeguarded and financial results are reported accurately and timely.

  • Value [8] Streamlining and Standards
    • Financial management processes are streamlined, effective, and allow for the highest operational standards.

  • Value [9] Leadership and Creativity
    • Financial managers are recognized as leaders in their profession, creative in finding solutions to management issues, and valued members of any management team.

  • Value [10] Skills and Rewards
    • Financial management goals are backed by recruitment, training, performance, and reward structures.

  • Value [11] Responsibility and Support
    • Program managers embrace their responsibility for managing financial resources with support from the financial management communities.