[Federal Register Volume 67, Number 132 (Wednesday, July 10, 2002)]
[Notices]
[Page 45740]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-17204]


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GENERAL ACCOUNTING OFFICE

[Document No. JFMIP-SR-02-03]


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 ``Non-Income Tax Revenue System Requirements,'' dated July 
2002. The draft is the first Federal Financial Management System 
Requirements (FFMSR) document to address standard financial 
requirements for Federal non-income tax revenue systems. The document 
is intended to assist agencies when developing, improving or evaluating 
revenue systems. It provides the baseline functionality that agency 
systems must have to support agency missions and comply with laws and 
regulations. When issued in final, the 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 September 13, 2002.

ADDRESSES: Copies of the exposure draft have been mailed to senior 
financial officials and chief information officers, together with a 
transmittal memo listing items of interest for which JFMIP is 
soliciting feedback. The Exposure Draft and transmittal memo are 
available on the JFMIP Web site: WWW.JFMIP.GOV. Responses should be 
addressed to JFMIP, 1990 K Street, NW., Suite 430, Washington, DC 
20006.

FOR FURTHER INFORMATION CONTACT: Daniel Costello, (202) 219-0542 or 
[email protected].

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 document will be mailed to agency 
financial officials, chief information officers, and others, and will 
be available on the JFMIP Web site.
    An open house is scheduled for August 8, 2002, from 1 to 3 pm in 
the OPM main auditorium, located at 1900 E Street NW., to provide 
additional information on the Exposure Draft. The name, organization, 
telephone number, and e-mail address for attendees should be e-mailed 
to [email protected] or faxed to 202-219-0549.

Karen Cleary Alderman,
Executive Director, Joint Financial Management Improvement Program.
[FR Doc. 02-17204 Filed 7-9-02; 8:45 am]
BILLING CODE 1610-02-M