31 U.S.C. § 902 — Authority and functions of agency Chief Fi-

Page 118 TITLE 31—MONEY AND FINANCE § 902 particular officers and employees of the United States, the head of each agency shall submit to the Director of the Office of Management and Budget a proposal for re- organizing the agency for the purposes of this Act [see Short Title of 1990 Amendment note set out under sec- tion 501 of this title]. Such proposal shall include— ‘‘(1) a description of all functions, powers, duties, personnel, property, or records which the agency Chief Financial Officer is proposed to have authority over, including those relating to functions that are not related to financial management activities; and ‘‘(2) a detailed outline of the administrative struc- ture of the office of the agency Chief Financial Offi- cer, including a description of the responsibility and authority of financial management personnel and re- sources in agencies or other subdivisions as appro- priate to that agency. ‘‘(c) REVIEW AND APPROVAL OF PROPOSAL.—Not later than 60 days after receiving a proposal from the head of an agency under subsection (b), the Director of the Of- fice of Management and Budget shall approve or dis- approve the proposal and notify the head of the agency of that approval or disapproval. The Director shall ap- prove each proposal which establishes an agency Chief Financial Officer in conformance with section 901 of title 31, United States Code, as added by this Act, and which establishes a financial management structure reasonably tailored to the functions of the agency. Upon approving or disapproving a proposal of an agency under this section, the Director shall transmit to the head of the agency a written notice of that approval or disapproval. ‘‘(d) IMPLEMENTATION OF PROPOSAL.—Upon receiving written notice of approval of a proposal under this sec- tion from the Director of the Office of Management and Budget, the head of an agency shall implement that proposal.’’ CHIEF FINANCIAL OFFICERS COUNCIL Pub. L. 101–576, title III, § 302, Nov. 15, 1990, 104 Stat. 2848, provided that: ‘‘(a) ESTABLISHMENT.—There is established a Chief Fi- nancial Officers Council, consisting of— ‘‘(1) the Deputy Director for Management of the Of- fice of Management and Budget, who shall act as chairperson of the council; ‘‘(2) the Controller of the Office of Federal Finan- cial Management of the Office of Management and Budget; ‘‘(3) the Fiscal Assistant Secretary of Treasury; and ‘‘(4) each of the agency Chief Financial Officers ap- pointed under section 901 of title 31, United States Code, as amended by this Act. ‘‘(b) FUNCTIONS.—The Chief Financial Officers Coun- cil shall meet periodically to advise and coordinate the activities of the agencies of its members on such mat- ters as consolidation and modernization of financial systems, improved quality of financial information, fi- nancial data and information standards, internal con- trols, legislation affecting financial operations and or- ganizations, and any other financial management mat- ter.’’ § 902. Authority and functions of agency Chief Fi- nancial Officers (a) An agency Chief Financial Officer shall— (1) report directly to the head of the agency regarding financial management matters; (2) oversee all financial management activi- ties relating to the programs and operations of the agency; (3) develop and maintain an integrated agen- cy accounting and financial management sys- tem, including financial reporting and inter- nal controls, which— (A) complies with applicable accounting principles, standards, and requirements, and internal control standards; (B) complies with such policies and re- quirements as may be prescribed by the Di- rector of the Office of Management and Budget; (C) complies with any other requirements applicable to such systems; and (D) provides for— (i) complete, reliable, consistent, and timely information which is prepared on a uniform basis and which is responsive to the financial information needs of agency management; (ii) the development and reporting of cost information; (iii) the integration of accounting and budgeting information; and (iv) the systematic measurement of per- formance; (4) make recommendations to the head of the agency regarding the selection of the Dep- uty Chief Financial Officer of the agency; (5) direct, manage, and provide policy guid- ance and oversight of agency financial man- agement personnel, activities, and operations, including— (A) the preparation and annual revision of an agency plan to— (i) implement the 5-year financial man- agement plan prepared by the Director of the Office of Management and Budget under section 3512(a)(3) of this title; and (ii) comply with the requirements estab- lished under sections 3515 and subsections (e) and (f) of section 3521 of this title; (B) the development of agency financial management budgets; (C) the recruitment, selection, and train- ing of personnel to carry out agency finan- cial management functions; (D) the approval and management of agen- cy financial management systems design or enhancement projects; (E) the implementation of agency asset management systems, including systems for cash management, credit management, debt collection, and property and inventory man- agement and control; (6) prepare and transmit, by not later than 60 days after the submission of the audit re- port required by section 3521(f) of this title, an annual report to the agency head and the Di- rector of the Office of Management and Budg- et, which shall include— (A) a description and analysis of the status of financial management of the agency; (B) the annual financial statements pre- pared under section 3515 of this title; (C) the audit report transmitted to the head of the agency under section 3521(f) of this title; (D) a summary of the reports on internal accounting and administrative control sys- tems submitted to the President and the Congress under the amendments made by the Federal Managers’ Financial Integrity Act of 1982 (Public Law 97–255); and (E) other information the head of the agency considers appropriate to fully inform the President and the Congress concerning the financial management of the agency; Page 119 TITLE 31—MONEY AND FINANCE § 903 1 So in original. Does not conform to section catchline. 2 So in original. (7) monitor the financial execution of the budget of the agency in relation to actual ex- penditures, and prepare and submit to the head of the agency timely performance re- ports; and (8) review, on a biennial basis, the fees, roy- alties, rents, and other charges imposed by the agency for services and things of value it pro- vides, and make recommendations on revising those charges to reflect costs incurred by it in providing those services and things of value. (b)(1) In addition to the authority otherwise provided by this section, each agency Chief Fi- nancial Officer— (A) subject to paragraph (2), shall have ac- cess to all records, reports, audits, reviews, documents, papers, recommendations, or other material which are the property of the agency or which are available to the agency, and which relate to programs and operations with respect to which that agency Chief Financial Officer has responsibilities under this section; (B) may request such information or assist- ance as may be necessary for carrying out the duties and responsibilities provided by this section from any Federal, State, or local gov- ernmental entity; and (C) to the extent and in such amounts as may be provided in advance by appropriations Acts, may— (i) enter into contracts and other arrange- ments with public agencies and with private persons for the preparation of financial statements, studies, analyses, and other services; and (ii) make such payments as may be nec- essary to carry out the provisions of this section. (2) Except as provided in paragraph (1)(B), this subsection does not provide to an agency Chief Financial Officer any access greater than per- mitted under any other law to records, reports, audits, reviews, documents, papers, rec- ommendations, or other material of any Office of Inspector General established under chapter 4 of title 5. (Added Pub. L. 101–576, title II, § 205(a), Nov. 15, 1990, 104 Stat. 2843; amended Pub. L. 117–286, § 4(b)(49), Dec. 27, 2022, 136 Stat. 4348.) Editorial Notes REFERENCES IN TEXT The Federal Managers’ Financial Integrity Act of 1982, referred to in subsec. (a)(6)(D), is Pub. L. 97–255, Sept. 8, 1982, 96 Stat. 814, which added subsec. (d) to sec- tion 66a of former Title 31, Money and Finance. Section 66a of former Title 31 was repealed by Pub. L. 97–258, § 5(b), Sept. 13, 1982, 96 Stat. 1068, and reenacted by the first section thereof as section 3512 of this title. Provi- sions relating to reports on internal accounting and ad- ministrative control systems are restated in section 3512(d)(2) and (3) of this title. AMENDMENTS 2022—Subsec. (b)(2). Pub. L. 117–286 substituted ‘‘chap- ter 4 of title 5.’’ for ‘‘the Inspector General Act of 1978 (5 U.S.C. App.).’’ § 903. Establishment of agency Deputy Chief Fi- nancial Officers (a) There shall be within each agency de- scribed in section 901(b) an agency Deputy Chief Financial Officer, who shall report directly to the agency Chief Financial Officer on financial management matters. The position of agency Deputy Chief Financial Officer shall be a career reserved position in the Senior Executive Serv- ice. (b) Consistent with qualification standards de- veloped by, and in consultation with, the agency Chief Financial Officer and the Director of the Office of Management and Budget, the head of each agency shall appoint as Deputy Chief Fi- nancial Officer an individual with demonstrated ability and experience in accounting, budget execution, financial and management analysis, and systems development, and not less than 6 years practical experience in financial manage- ment at large governmental entities. (Added Pub. L. 101–576, title II, § 205(a), Nov. 15, 1990, 104 Stat. 2845.) Editorial Notes REFERENCES IN TEXT Senior Executive Service, referred to in subsec. (a), see section 5382 of Title 5, Government Organization and Employees. SUBTITLE II—THE BUDGET PROCESS Chap. Sec. 11. The Budget and Fiscal, Budget, and Program Information ............. 1101 13. Appropriations ..................................... 1301 15. Appropriation Accounting ................ 1501 CHAPTER 11—THE BUDGET AND FISCAL, BUDGET, AND PROGRAM INFORMATION Sec. 1101. Definitions. 1102. Fiscal year. 1103. Budget ceiling. 1104. Budget and appropriations authority of the President. 1105. Budget contents and submission to Congress. 1106. Supplemental budget estimates and changes. 1107. Deficiency and supplemental appropriations. 1108. Preparation and submission of appropriations requests to the President. 1109. Current programs and activities estimates. 1110. Year-ahead requests for authorizing legisla- tion. 1111. Improving economy and efficiency. 1112. Fiscal, budget, and program information. 1113. Congressional information. [1114. Repealed.] 1115. Federal Government and agency performance plans. 1116. Agency performance reporting. 1117. Exemptions.1 [1118, 1119. Repealed.] 1120. Federal Government and agency priority goals. 1121. Progress reviews and use of performance in- formation..2 1122. Transparency of programs, priority goals, and results. 1123. Chief Operating Officers. 1124. Performance Improvement Officers and the Performance Improvement Council. 1125. Elimination of unnecessary agency reporting.