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FIT
Financial Innovation & Transformation

Standard Resources

Tools to provide guidance and direction in federal financial management.

FIT, as the FMLoB managing partner and in alignment with the Financial Integrated Business Framework, is responsible for the development and maintenance of the FMLoB Financial Management Standard References. These standards support financial management performance, productivity, and efficiency in federal financial management (FM) activities and solutions.

Policies, Procedures, Instructions

Policies, procedures, and instructions to guide Federal financial management

Treasury Financial Manual

System Standards & Reporting Requirements

Financial system standards and reporting requirement capabilities all Federal agencies must meet

Standards & Requirements at TFM

Standard Functions & Activities

Standard Federal financial management functions and activities

Download Functions & Activities

Correct Procedures

Procedures for Federal financial management processes

View Business Use Cases

Federal Financial Management (FM) Self Assessment

Federal Financial Management Standard Data Elements
Identify the minimum data fields required to support the inputs and outputs noted in the use cases and capabilities.

As part of its annual update cycle, FIT utilizes the FMSC Financial Management Working Group to scan and review new laws, regulations, and changes to the FASAB. Potential impacts to the Standard References are tracked and evaluated with updates implemented in July.

Additional references managed by Treasury include:

View Self Assessment

Last modified 04/15/24