Business Standards Council Review of Federal Financial Management Business Standards

The Business Standards Council (BSC) requests comments on the Federal Financial Management (FFM) Business Standards as part of the Federal Integrated Business Framework (FIBF). The Bureau of the Fiscal Service (Fiscal Service) is the standards lead for FFM on the BSC. The BSC is working to incorporate functional area capabilities into shared services across the federal government. The goal of the FFM business standards is to drive financial management consistency, efficiency, and standardization across the Federal government. The FFM Business Standards also support the Financial Management Quality Services Management Office (FM QSMO) Marketplace and are part of the Financial Management Capability Framework (FMCF) which was developed in collaboration with federal agencies and industry stakeholders. The FMCF is used as a basis for evaluating and ensuring that Marketplace solutions and services, including core financial systems, meet baseline needs and comply with federal policies. The documents posted include these additional capabilities for the Marketplace that support and complement the standards. We would appreciate your comments and feedback on the draft FFM Business Standards and FMCF components. Please provide your comments and feedback prior to 11:59 PM EST Friday, April 10, 2026. Please contact FMLoB@fiscal.treasury.gov with any questions. * To assist you with your review, please see the Change Log Viewing Tool at this URL: https://app.powerbigov.us/view?r=eyJrIjoiM2E0OGY3MTAtNGZmOS00NDIwLWJkODMtN2JkOGQ2NWE1ZjZmIiwidCI6IjBkNjljZDhhLTllMTItNGQyMS05NWYwLWI0NDA2ZTA2NzEwYSJ9 Disclaimer: The Change Log Viewing Tool can be used as a resource to reference and understand how FFM components were impacted by the most recent update. This tool is not intended to replace or substitute change logs associated with the individual FFM components. Agencies and vendors are advised to use component files found on the FMCF webpage when evaluating Core FS capabilities or when preparing to submit solutions or services to the FM QSMO for evaluation.