OFM conducted three presentations on the Chart of Accounts (COA) project and data governance plan. The first presentation was at the Financial Management Advisory Council meeting on January 26th. Due to the limited size of the room, two follow up presentations were conducted on Feb 7th and 14th in the OB2 auditorium.
The presentation communicated the intent to implement a new set of streamlined AFRS statewide sub-Sub-Objects (SSOs) in the 2019 biennium. OFM also shared information about the data governance process that will allow for agencies to request new SSOs so that the COA may be managed to meet new business needs as they arise.
For more information on the Chart of Accounts project or to view the presentation, visit the Chart of Accounts webpage.