Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 2 - Grants and Agreements |
Subtitle B - Federal Agency Regulations for Grants and Agreements |
Chapter XI - Department of Defense |
SubChapter D - Xxx |
Part 1128 - Recipient Financial and Program Management: General Award Terms and Conditions |
Subpart A - Financial Management System Standards (FMS Article I) |
§ 1128.100 - Purpose of FMS Article I.
Latest version.
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§ 1128.100 Purpose of FMS Article I.
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.