The Fiscal Service refers to both the Office of the Fiscal Assistant Secretary and the Bureau of the Fiscal Service and is led by the Fiscal Assistant Secretary. Together they formulate policy and develop systems for the collection, disbursement, management, and security of public monies in the United States and abroad, and related government-wide accounting and reporting for those funds, and shared services. Programs of interest for the Office of the Fiscal Assistant Secretary are cash and debt management and forecasting, accounting policy, and financial transparency and innovation.
Fiscal Operations and Policy
The Office of Fiscal Operations and Policy, led by the Deputy Assistant Secretary, oversees the development and implementation of policies relating to the government's cash management, operations, investment and administration of trust funds, payments, collections, and debt collections.
Its Office of Fiscal Projections monitors and forecasts Treasury’s current and future cash and debt positions to facilitate financing decisions and management of debt subject to limit.
Its Office of Financial Agents designates and manages financial institutions that serve as financial agents for Departmental and other programs.
Accounting Policy & Financial Transparency
The Office of Accounting Policy and Financial Transparency, led by the Deputy Assistant Secretary, promotes improvements in government-wide financial management, with a focus on federal accounting policy and reporting, financial transparency, payment integrity, and shared services. This Office oversees and facilitates the production of the Financial Report of the U.S. Government; leads efforts to develop policies and standards for federal accounting and financial reporting; promotes the integrity, transparency and use of financial data; and advances innovation and operational efficiency in government-wide financial management, including through shared services and solutions.