Purpose of FMS Article I.
2 C.F.R. § 1128.100
in effectEffective: 2024-07-01FMS 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.
Source: eCFRURL: https://www.ecfr.gov/api/versioner/v1/full/2024-07-01/title-2.xmlFetched: 7/26/2026
