[Federal Register Volume 68, Number 38 (Wednesday, February 26, 2003)]
[Notices]
[Page 8906]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-4528]


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GENERAL ACCOUNTING OFFICE

[Document No. JFMIP-SR-03-01]


Joint Financial Management Improvement Program (JFMIP)--Federal 
Financial Management System Requirements (FFMSR)

AGENCY: Joint Financial Management Improvement Program (JFMIP).

ACTION: Notice of document finalization and posting.

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SUMMARY: The JFMIP is seeking announcement of document finalization and 
posting for the ``JFMIP Revenue System Requirements Document'' dated 
January 2003. The document is the first Federal Financial Management 
System Requirements (FFMSR) document to address standard financial 
requirements for Federal 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. This document augments the existing body of FFMSR that 
define financial system functional requirements that are used in 
evaluating compliance with the Federal Financial Management Improvement 
Act (FFMIA) of 1996.

DATES: For release as soon as possible.

ADDRESSES: The document is available on the JFMIP Web site: 
www.jfmip.gov.

FOR FURTHER INFORMATION CONTACT: Daniel Costello at 
[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.
    An open house is scheduled for February 27, 2003, from 1 to 3 pm in 
room 5141A of the main GSA building, to provide additional information 
on the document. The name, organization, telephone number, and e-mail 
address for attendees should be e-mailed to [email protected] to 
register.

Karen Cleary Alderman,
Executive Director, Joint Financial Management Improvement Program.
[FR Doc. 03-4528 Filed 2-25-03; 8:45 am]
BILLING CODE 1610-02-M