§ 1128.100. Purpose of FMS Article I.
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/us/cfr/t2/s§ 1128.100·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.
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