2 C.F.R. § 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.