[Federal Register: May 4, 2001 (Volume 66, Number 87)]
[Notices]
[Page 22564-22565]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr04my01-93]
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GENERAL ACCOUNTING OFFICE
[Document No. JFMIP-SR-01-01]
Joint Financial Management Improvement Program (JFMIP)--Federal
Financial Management System Requirements (FFMSR)
AGENCY: Joint Financial Management Improvement Program (JFMIP)
ACTION: Notice of document availability.
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SUMMARY: The JFMIP is seeking public comment on an exposure draft
entitled ``Benefit System Requirements,'' dated May 2001. The draft is
the first Federal Financial Management System Requirements (FFMSR)
document to address standard requirements for Federal agency benefit
systems. The document is intended to assist agencies when developing,
improving or
[[Page 22565]]
evaluating benefit systems. It provides the baseline functionality that
benefit systems must have to support agency missions and comply with
laws and regulations. When issued in final, the JFMIP Benefit System
Requirements document will augment the existing body of FFMSR that
define financial system functional requirements which are used in
evaluating compliance with the Federal Financial Management Improvement
Act (FFMIA) of 1996.
DATES: Comments are due by July 1, 2001.
ADDRESSES: Copies of the exposure draft have been mailed to agency
senior financial officials, together with a cover memo listing the
questions on which JFMIP is soliciting feedback. The exposure draft and
cover memo are available on the JFMIP website: WWW.JFMIP.GOV
Comments should be addressed to JFMIP, 1990 K Street, NW., Suite
430, Washington, DC 20006.
FOR FURTHER INFORMATION: Steven Fisher, (202) 219-0530 or via Internet:
fishers@jfmip.gov.
SUPPLEMENTARY INFORMATION: The FFMIA of 1996 mandated that agencies
implement and maintain systems that comply substantially with FFMSR,
applicable Federal accounting standards, and the U.S. Government
Standard General Ledger at the transaction level. The FFMIA statute
codified the JFMIP financial system requirements documents as a key
benchmark that agency systems must meet to substantially comply with
systems requirements provisions under FFMIA. To support the provisions
outlined in the FFMIA, the JFMIP is updating obsolete requirements
documents and publishing additional requirements documents.
Comments received will be reviewed and the exposure draft will be
revised as necessary. Publication of the final requirements will be
mailed to agency senior financial officials and will be available on
the JFMIP website.
Dated: May 1, 2001.
Steven A. Fisher,
Senior Management Analyst, Joint Financial Management Improvement
Program.
[FR Doc. 01-11323 Filed 5-3-01; 8:45 am]
BILLING CODE 1610-02-U