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Treasury Department Building

Financial Innovation & Transformation (FIT)


The Office of Financial Innovation and Transformation identifies and facilitates the implementation of innovative solutions to help government agencies become more efficient and transparent in federal financial management. As part of this mission, FIT serves as the managing partner of the Financial Management Line of Business (FMLoB), a government-wide financial management role.

FIT initiatives are aligned with the organization’s three priorities: Innovation, Transformation, and Optimization in federal financial management.

Fit graphic
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FIT's Current Initiatives

FIT's Accomplishments


Quick References

OMB 16-11, Improving Administrative Functions Through Shared Services

Circular No. A-123 Appendix D, Compliance with the Federal Financial Management Improvement Act of l996

OMB M 13-08, Improving Financial Systems Through Shared Services

OMB M 10-26, Immediate Review of Financial Systems IT Projects



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