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Secretary of Labor Thomas E. Perez
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ANNUAL REPORT FY 2002

The Federal Financial
Management Improvement Act (FFMIA)

The Federal Financial Management Improvement Act of 1996 (FFMIA) requires agencies to implement and maintain financial management systems that are in substantial compliance with OMB Circular A-127, JFMIP requirements, Federal accounting standards, and the United States Government Standard General Ledger (SGL) at the transaction level. All DOL financial management systems substantially comply with FFMIA.

Signature of Secretary of Labor Elaine L. Chao

Elaine L. Chao
Secretary of Labor

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