|
Close/Open season is underway. As part of the annual Internal Control Certification (ICC) process which just concluded, departments certify that their internal controls include CTR guidance published on MAComptroller.org and PowerDMS. Annual fiscal year closing and opening guidance is an important part of your internal controls and fiscal compliance.
Information on Close/Open 2025-2026 [MAGNet or Commonwealth-issued VPN required] is available to assist departments successfully navigate the closing and opening of the fiscal year. Resources include the Close/Open Calendar; Latest Announcements; Close/Open Boot Camps and Drop-In Sessions, Updated Job Aids, video session recordings on Zoom and links to slides posted on PowerDMS.
Action Steps
-
Internal Control Officers (ICOs) should ensure that the Close/Open 2025-2026 content is distributed to appropriate staff across the department, include content as part of internal controls, and coordinate with the Chief Fiscal Officer (CFO) on deadlines
-
CFOs should ensure that this content is implemented by fiscal staff within the Open/Close 2025-2026 deadlines.
-
If you have questions about Close/Open content, please submit a ticket to the CTR Solution Desk.
Bookmark our new CTR Compliance Corner page as your one-stop shop for alerts and success factors to integrate into your system of internal controls and daily operations to keep you safe on your mission.
Contact [email protected] if you need support from our Statewide Risk Management Team.
|
