FSIO Releases Two FMLOB Publications

The Financial Systems Integration Office (FSIO) released two important FMLOB publications this week.

The first release was version 4 of the Due Diligence Checklist (DDC) for Federal Shared Service Providers (SSP). The DDC is a list of questions used by the Office of Management and Budget (OMB), the Financial Systems Integration Office (FSIO) within GSA, and customer agencies to assess the abilities of potential and current SSP’s in several areas. The DDC replaces section 2.1 of the Migration Planning Guidance Document

The second release was the Common Government-wide Accounting Classification (CGAC) Structure along with associated frequently asked questions. The CGAC structure establishes a standard method for classifying the financial effects of government business activities and moves the Federal government closer to a single standard.

MIGRATION PLANNING: DUE DILIGENCE CHECKLIST ( DDC)

From the FMLOB Quarterly Newsletter:

The FMLoB has updated the Due Diligence Checklist (DDC) that was used in the selection of Federal SSPs. The revised Due Diligence Checklist will be applied to both Federal and commercial SSPs in the future. DDC responses will be used to assess potential and current SSP’s abilities in several areas, including but not limited to past performance, current capabilities, and ability to operate a customer-focused organization. The FMLoB has obtained comments from Federal SSPs and other stakeholders. This document will be released as part of the next release of the Migration Planning Guidance, currently targeted for late February 2007.