Financial Management Compliance System (FMCS)

The Financial Management Compliance System (FMCS) has evolved into Lighthouse, by Torque Software.

The Financial Management Compliance System (FMCS) was an online tool meeting a wide range of governance, compliance, and assurance requirements. It assisted accountable authorities in meeting their 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.

The FMCS was used by most Australian Federal Government Departments and many other Australian Government agencies.

Now, Lighthouse by Torque Software services those same Australian Federal Government Departments, and many other Australian Government agencies, boasting 100,000+ users.

You can learn more about Lighthouse, and how it can support your Governance, Risk, and Complaince needs here.

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