Office of Fiscal Service of Fiscal Operations and Policy are: The Office of Accounting Policy, led by the Deputy Assistant Secretary for Accounting Policy, oversees the government wide accounting by providing guidance to the Financial Management Service, the prepares of the Financial Report of the United States Government, in conjunction with Office of Management and Budget (OMB) and the United States Chief Financial Officer Council. The Office promotes and facilitates efforts to develop and include more useful, reliable and timely financial information in the Financial Report. Office of Fiscal Service The Office of Fiscal Service (OFS) is an agency of the United States federal
Financial capital production of other goods and services, e.g. shovels for gravediggers, sewing machines for tailors, or machinery and tooling for factories. Financial capital generally refers to saved-up financial wealth, especially that used to start or maintain a business. A financial concept of capital is adopted by most entities in preparing their financial reports. Under a financial concept of capital, such as invested money or invested purchasing power, capital is synonymous with the net assets or equity of the entity. Under a physical concept of capital, such as operating capability, capital is regarded as the productive capacity of the entity based on,