Bureau of the Fiscal Service Bureau of the Fiscal Service The Bureau of the Fiscal Service (Fiscal Service) is a bureau of the U.S. Department of the Treasury, an agency of the United States federal government. The mission of the Fiscal Service is to promote the financial integrity and operational efficiency of the U.S. government through exceptional accounting, financing, collections, payments, and shared services. Their vision is to transform financial management and the delivery of shared services in the federal government. They collaborate with and help other government organizations raise the level of their performance by utilizing modern business practices and emerging technology for federal
Fiscal transparency which focuses on 8 key reports centred around the budget. The term budget transparency is generally not used to refer to as wide a concept as fiscal transparency. Fiscal openness refers to fiscal transparency together with direct public participation in fiscal policy formulation and implementation. Following the global financial crisis international fiscal transparency initiatives have increasingly incorporated public participation as a key element in order to promote improved policy formulation and implementation, and to strengthen accountability for fiscal management (see below). The 1997 East Asian financial crisis first prompted the international community to set out a comprehensive codification of what