Appendixes

Appendix F: Compliance with the Federal Financial Management Improvement Act of 1996

Under the FFMIA, the 24 CFO Act agencies listed below are required to maintain financial management systems that substantially comply with Federal financial management system requirements, applicable Federal accounting standards, and the U.S. Standard General Ledger at the transaction level. FFMIA provides that both the agency head and the independent auditor publish a determination of compliance on an annual basis.

The table below indicates the fiscal year 2010 compliance findings for each CFO Act agency.

	Agency Head	Auditor
Agriculture	No	No
Commerce	Yes	Yes
Defense	No	No
Education	Yes	No
Energy	Yes	Yes
HHS	No	No
Homeland	No	No
HUD	Yes	No
Interior	Yes	Yes
Justice	Yes	Yes
Labor	No	No
State	Yes	No
DOT	Yes	Yes
Treasury	No	No
VA	No	No
AID	Yes	Yes
EPA	Yes	Yes
GSA	Yes	Yes
NASA	Yes	Yes
NSF	Yes	Yes
NRC	Yes	Yes
OPM	Yes	Yes
SBA	Yes	Yes
SSA	Yes	Yes