ARMICS is an initiative of the Department of Accounts (DOA) for all state agencies within the Commonwealth of Virginia. The primary purpose of ARMICS is to ensure fiscal accountability and safeguard the Commonwealth's assets.
The goal is to provide reasonable assurance of the integrity of all fiscal processes related to:
- Submission of transactions to the Commonwealth's general ledger
- Submission of deliverables required by financial statement directives
- Compliance with laws and regulations
- Stewardship over and safeguarding the Commonwealth's assets