FFMIA

AcronymDefinition
FFMIAFederal Financial Management Improvement Act
FFMIAFlorida Fire Marshals and Inspectors Association (est. 1977)
References in periodicals archive ?
Specifically, IRS made progress in addressing its financial management systems' noncompliance with the requirements of FFMIA by bringing its financial management systems into compliance with the United States Standard General Ledger.
Thompson's concern regarding poor progress on FFMIA, and believes IG auditors can be more helpful to their agencies by communicating their positive vision of implementation instead of investigating noncompliance ex post.
Many of these entities operated their own financial systems that did not comply with FFMIA's requirements.
Similarly to the way in which it achieved FFMIA compliance, LMP used a phased approach that planned, tested, and remediated issues to become DoD Information Assurance Certification and Accreditation Process compliant.
The passage of the Federal Financial Management Improvement Act (FFMIA) in 1996 reemphasized the need for federal financial systems to support the building blocks of financial and performance information by placing in statute three existing policy requirements.
The Act was significant financial management legislation; however, over the ensuing 20 or more years, the Congress also mandated financial management reform through other legislation, including the Federal Financial Management Information Act (FFMIA).
To help address this challenge, the Federal Financial Management Improvement Act of 1996 (FFMIA) requires the 24 Chief Financial Officers (CFO) Act agencies to implement and maintain financial management systems that comply substantially with (1) federal financial management systems requirements, (2) federal accounting standards, and (3) the U.S.
The passage of the Chief Information Officer legislation, including the systems-oriented Federal Financial Management Improvement Act of 1996 (FFMIA), raises the level of information management oversight to that of an assistant secretary.
We also reported our conclusions on IRS's compliance with significant provisions of selected laws and regulations and on whether IRS's financial management systems substantially comply with the requirements of the Federal Financial Management Improvement Act of 1996 (FFMIA).
Among the more important of these statutes are the following: FFMIA * The Federal Managers' Financial Integrity Act of 1982 (P.L.
Federal agencies have continued to make progress in meeting the requirements of FFMIA since the passage of the law in 1996.
To help address this challenge, the Federal Financial Management Improvement Act of 1996 (FFMIA) requires the Chief Financial Officers (CFO) Act agencies to implement and maintain financial management systems that comply substantially with (1) federal financial management systems requirements, (2) federal accounting standards, and (3) the U.S.