Words similar to jfmip

Example sentences for: jfmip

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In early 1998, JFMIP decided to initiate projects to update system requirements documents that were not current with regulations and legislation.
JFMIP requirements documents identify (1) a framework for financial management systems, (2) core financial systems requirements, and (3) 16 other financial and mixed systems supporting agency operations, not all of which are applicable to all agencies.
(JFMIP Standardization Project) Unobligated balances expire (cease to be available for obligation) for:-- 1-year accounts at the end of the fiscal year;-- multiple-year accounts at the end of the period specified;-- no-year accounts only when they are 1) rescinded by law, 2) purpose is accomplished, or 3) when disbursements against the appropriation have not been made for 2 full consecutive years.
These system requirements are detailed in the Financial Management Systems Requirements series issued by JFMIP and Office of Management and Budget (OMB) Circular A127, FinancialManagementSystems.
Figure 1 is the JFMIP model that illustrates how these systems interrelate in an agency's overall systems architecture.