The Bureau of Financial Management (BFM) oversee the creation of master data, aids agencies in assessing the effectiveness of their internal controls and monitors the state general fund. The responsibilities of the BFM include:

  • Create and maintain all master data, including cost centers, fund centers, functional areas, customers, and the general ledger
  • Create and deactivate funds
  • Agency Internal Control Assessment
  • Post audit review of transactions
  • Cash management of the State General Fund
  • Maintain MAAPP Manual

Internal Control

1