Complex sentence: It was first issued in 1981 by OMB's Office of Federal Financial Management and underwent numerous updates through 21 December 2004 and addressed to all Federal Chief Financial Officers, Chief Information Officers, and Program Managers.
Split into simpler sentences: It was first issued in 1981 by OMB's Office of Federal Financial Management and underwent numerous updates through 21 December 2004. The Circular is addressed to all Federal Chief Financial Officers, Chief Information Officers, and Program Managers.