Purpose of FMS Article I.

CFR · 2024-01-01 · US · Title 2

FMS Article I specifies standards for recipients' financial management systems. It thereby implements OMB guidance in: (a) 2 CFR 200.302, 200.303, and 200.328; and (b) 2 CFR 200.301 and 200.328, as they relate to associations between financial data and performance accomplishments and reporting.

official document · source cfr-2024 · id 2:§ 1128.100