[Federal Register: June 10, 1999 (Volume 64, Number 111)]
[Notices]               
[Page 31224]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr10jn99-98]

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GENERAL ACCOUNTING OFFICE

[Docket No. JFMIP-SR-99-7]

 
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 
titled, ``Seized Property and Forfeited Assets System Requirements'' 
dated June 2, 1999. The draft is being issued to update a May 1993 
document. The draft incorporates: (1) Statutory and regulatory changes; 
(2) technological changes; and (3) JFMIP documentation changes. The 
document is designed to provide financial managers with Governmentwide 
mandatory requirements for financial systems in order to process and 
record financial events effectively and efficiently, and to provide 
complete, timely, reliable, and consistent information for decision 
makers and the public.

DATES: Comments are due by August 13, 1999.

ADDRESSES: Copies of the exposure draft have been mailed to agency 
senior financial officials and are available on the JFMIP website: 
http://www.financenet.gov/financenet/fed/jfmip/jfmipexp.htm.
    Comments should be addressed to JFMIP, 441 G Street NW, Room 3111, 
Washington, DC 20548.

FOR FURTHER INFORMATION CONTACT:
Doris Chew, 202-512-9216 or via Internet: chewd.jfmip@gao.gov.

SUPPLEMENTARY INFORMATION: The Federal Financial Management Improvement 
Act (FFMIA) of 1996 mandated that agencies implement and maintain 
systems that comply substantially with Federal financial management 
systems requirements, applicable Federal accounting standards, and the 
U.S. Government Standard General Ledger at the transaction level. The 
FFMIA statute codified the JFMIP financial systems requirements 
documents as a key benchmark that agency systems must meet in order to 
be substantially in compliance with systems requirements provisions 
under FFMIA. To support the requirements outlined in the FFMIA, we are 
updating requirements documents that are obsolete 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.
Karen Cleary Alderman,
Executive Director, Joint Financial Management Improvement Program.
[FR Doc. 99-14652 Filed 6-9-99; 8:45 am]
BILLING CODE 1610-02-M