The Idaho Financial Accounting Reporting Management System (IFARMS) is the result of work conducted by the State Department of Education in cooperation with school personnel of the state. IFARMS provides the basis for complete financial and cost accounting, for the development of program budgets, and for the preparation of comprehensive periodic financial reports. The uniformity of the system will enable small or large school districts to fulfill state requirements and give each district the flexibility to obtain program and account detail to meet their management needs.