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JFMIP-ET-98-2 Core Competencies in Financial Management for Information Technology Personnel Implementing Financial Systems in the Federal Government
This document is intended to be used as a reference tool and guide for financial system analysts at all levels (as reflected in the matrix identifying the core competencies) and in any organizational component performing financial management functions. This document may also be used as a reference tool and guide for systems accountants. In that case, the accountant core competencies included in the Framework for Core Competencies for Financial Management Personnel in the Federal Government would be applied along with the financial system analyst core competencies. As new financial management systems are being developed to meet the informational needs of agency management, central agencies requirements, Congress and other outside parties, this document will help foster better communication among the financial management and information technology communities, who must work together to develop and implement a system that will provide the financial information needed.
The 3rd update to the Core Financial System Require. document, first issued Jan. 1988 by the Joint Financial Mgmt. Improve. Program, a joint & cooperative undertaking of several Federal government agencies to improve financial management practices in government. This update reflects changes in laws & reg's., such as the Debt Collection Improvement Act, & also adds requirements for two functions, Budget Execution & Working Capital/Revolving Fund. Also, some of the existing requirements have been clarified. These requirements remain the basis for the Fed. gov't. to test compliance of commercially based, core financial software. Charts & tables.