FI$Cal

CALIFORNIA STATE AUDITOR Report 2024-039 | November 2024 Table 1 Status of the SCO’s Transition of Its Book of Record Functionality to FI$Cal NUMBER OF NUMBER NUMBER REQUIREMENTS COMPLETED COMPLETED NUMBER SCHEDULED AS OF AHEAD OF BEHIND FOR RELEASE* OCTOBER 2024 SCHEDULE SCHEDULE Accounting Book of Record 1. Release 1 — July 2024 4 2 — 2† 2. Release 2 — February 2025 14 1 1 — 3. Release 3 — July 2025 7 — — — 4. Book of Record Cutover — July 2026 66 4 4 — Total Accounting Book of Record Requirements 91 7 5 2 Reporting Book of Record 5. Financial Reporting Enhancements — July 2026 30 — — — Total Reporting Book of Record Requirements 30 — — — Total 121 7 5 2 Percent of Requirements Complete 6% Source: State Auditor’s review of documents provided by the SCO. * Each requirement has its own scheduled completion date, which may be before the requirement’s scheduled release date. Of the 66 accounting book of record requirements scheduled for release in July 2026, 44 are scheduled to be completed earlier. Of the 30 reporting book of record requirements scheduled for release in July 2026, 20 are scheduled to be completed earlier. † In August 2024, the SCO rescheduled these two requirements for the February 2025 release.