Example sentences for: fmfia
How can you use “fmfia” in a sentence? Here are some example sentences to help you improve your vocabulary:
Federal Managers« Financial Integrity Act (FMFIA) of 1982 (Public Law 97-255) ¬FMFIA requires agencies to establish internal accounting and administrative controls in compliance with standards established by the Comptroller General.
We did not object to the implementation of the automated travel systems, but suggested that, to help ensure effective implementation, each agency emphasize testing controls in its new designs during its annual review of internal control as required by the FMFIA.
FMFIA reviews specifically emphasize testing the effectiveness of the controls over its fast pay procedures and related statistical sampling.
Finally, during the initial period of implementation, the agency should emphasize its review of the new process during the agency's annual internal control review under FMFIA.
We did not object to the implementation of the agency's proposal so long as procedures were implemented to verify that authorized trips were actually taken by employees prior to payment authorization and that for the first year the system was operational, assessment of internal control in the system was emphasized during the annual FMFIA review.
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