The Taxpayer Funds Oversight and Accountability Act modifies the governmentwide financial management plan.

The Taxpayer Funds Oversight and Accountability Act modifies the governmentwide financial management plan to be a 4-year plan instead of a 5-year plan. It requires the Director of the Office of Management and Budget to submit a financial management status report to Congress and the Comptroller General each year. The bill also revises the duties of agency Chief Financial Officers and Deputy Chief Financial Officers, including requiring coordination with other senior agency officials.

The Taxpayer Funds Oversight and Accountability Act modifies the governmentwide financial management plan.

The Taxpayer Funds Oversight and Accountability Act modifies the governmentwide financial management plan to be a 4-year plan instead of a 5-year plan. It requires the Director of the Office of Management and Budget to submit a financial management status report to Congress and the Comptroller General each year. The bill also revises the duties of agency Chief Financial Officers and Deputy Chief Financial Officers, including requiring coordination with other senior agency officials.