Introducing the FMCS

The FMCS is a first-of-its-kind Governance Management Information System (GMIS).

The Financial Management Compliance System (FMCS) is an Australian Federal Government approved cloud solution meeting a wide range of governance, compliance and assurance requirements.

The FMCS is used by most Australian Federal Government Departments and many other Australian Government entities.

Assists Accountable Authorities in meeting the requirement to;

Establish and maintain an appropriate system of risk oversight and management, including implementing measures directed at ensuring officials of the entity comply with the finance law.

Develop and implement appropriate processes to review the entity’s compliance with the finance law and ensure instances of significant non-compliance are notified to the responsible Minister.