DODD 7000.14-R VOL 1 CHAP 3

Abstract

Scope and Applicability <br>This chapter defines and prescribes the following: <br>A. Integrated Financial Management Systems (IFMS). <br>B. FFMIA compliance, to include timeframes when target IFMS and Financial Systems must be evaluated for FFMIA compliance; how (and by whom) target IFMS and Financial Systems are evaluated and tested for FFMIA compliance; and how and when compliance is reported, measured, and monitored. <br>C. Applicability (Reporting Entities for FFMIA purposes). <br>D. Criteria for determining which financial and mixed systems must be evaluated for FFMIA compliance. <br>E. Requirements for developing, maintaining, and executing remediation plans when a Department of Defense (DoD) Component is not in compliance with FFMIA. <br>F. Roles and responsibilities of the Office of the Secretary of Under Secretary of Defense (Comptroller) (OUSD (C)) and DoD Components. <br>Purpose <br>This chapter provides Department of Defense (DoD) policies for evaluating, achieving, and reporting compliance with the Federal Financial Management Improvement Act (FFMIA) of 1996, Pub. Law No. 104-208, section 801, 31 U.S.C. 3512, note. The FFMIA provides specific requirements to Chief Financial Officer Act agencies and requires auditors to assess Agency compliance during financial statement audits.