Federal requirements

Other important requirements documents issued by the Joint Financial Management Improvement Program:

* Core Financial System — Establishes the point at which government agencies must begin when implementing new financial management systems and procedures; updated November 2001.

* Revenue System — Draws connections between financial and revenue management systems and establishes the guidelines for their implementation and integration; issued January 2003.

* Acquisition Financial System — Addresses the shared informational requirements between federal financial and acquisition management systems; issued June 2002.

* Human Resources and Payroll System — Intended for HR and payroll financial systems analysts, accountants and others who design, develop, implement, operate and maintain financial management systems; issued April 1999.

* Inventory System — Designed to provide effective and efficient financial and accounting controls over resources invested in inventories; issued June 1995.

* Travel System — establishes "reasonable, allowable and acceptable" rules governing the financial aspects of government travel; issued July 1999.

Featured

  • IT Modernization
    Eisenhower Executive Office Building (Image: Wikimedia Commons)

    OMB's user guide to the MGT Act

    The Office of Management and Budget is working on a rules-of-the-road document to cover how agencies can seek and use funds under the MGT Act.

  • global network (Pushish Images/Shutterstock.com)

    As others see us -- a few surprises

    A recent dinner with civil servants from Asia delivered some interesting insights, Steve Kelman writes.

  • FCW Perspectives
    cloud (Singkham/Shutterstock.com)

    A smarter approach to cloud

    Advances in cloud technology are shifting the focus toward choosing the right tool for the job and crafting solutions that truly modernize systems.

Stay Connected

FCW Update

Sign up for our newsletter.

I agree to this site's Privacy Policy.