CFO Model December 2007. Bill Matthews A/Executive Director Government Accounting and Policy Office of the Comptroller General. Context and Background. Budget 2004 “Re-establish the Office of the Comptroller General of Canada to rigorously oversee all government spending.
Government Accounting and Policy
Office of the Comptroller General
Senior Financial Officers (SFOs) in medium to large departments
Senior Full-time Financial Officers (SFFOs) in medium to large departments and SFOs in Small departments and Agencies
Limited delegation of authorities to departments by TBS
Greater delegation of authorities to departments by TBS
Focusing on short and medium term needs of the organization
Focusing on short and longer term needs of the organization from a strategic perspective.
Performing a Corporate Services / Administration role and the breadth of related activities (e.g. Finance, HR, IM/IT Administration, etc,)
Focusing on full spectrum of financial management, and the associated depth of knowledge and understanding, as a full-time “seasoned” business and financial executive
20-25 largest and most complex organizations – Initial target — 80-90% of expenditures
15 -20 medium size departments
Responsibilities of departmental CFOs