GUARANTEED LOAN SYSTEM REQUIREMENTS: Checklist for Reviewing Systems Under the Federal Financial Management Improvement Act

Abstract

The Federal Financial Management Improvement Act (FFMIA) of 1996 requires, among other things, that agencies implement and maintain financial management systems that substantially comply with federal financial management system requirements. These requirements are detailed in the Federal Financial Management System Requirements series issued by the Joint Financial Management Improvement Program (JFMIP), in Office of Management and Budget (OMB) Circular A-127, Financial Management Systems, and in OMB s Revised Implementation Guidance for the Federal Financial Management Improvement Act (FFMIA) of 1996, issued January 4, 2001. JFMIP intends for the requirements to promote understanding of key financial management systems concepts and requirements, to provide a framework for establishing integrated financial management systems to support program and financial managers, and to describe specific requirements of financial management systems.

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Document Details

Document Type
Technical Report
Publication Date
Mar 01, 2001
Accession Number
ADA388083

Entities

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Accounting
  • Business Administration
  • Configuration Management
  • Contractors
  • Control Systems
  • Crime
  • Electronic Mail
  • Financial Management
  • Hard Copy
  • Law
  • Management Personnel
  • Money
  • Organizational Structure
  • Personnel Management
  • Standards
  • Statistics
  • Websites

Readers

  • Defense Financial Management and Audit.