Empire State Development Corporation

Y2K Compliance: Financial Management System

Empire State Development Corporation uses the Financial Management System to maintain various financial information. We conducted a review to assess whether the Corporation appears to be taking the necessary steps to address year 2000 problems for this automated system. The results of our review show that the Corporation is taking many of the steps necessary to address these problems. However, system remediation has fallen behind schedule and system testing is not scheduled to be completed until October 1999, which may not allow the Corporation enough time to resolve any unforeseen difficulties. In addition, a formal contingency plan is needed to ensure that services are not disrupted if data processing difficulties are encountered in relation to the year 2000.

For a complete copy of Report 99-Y-35 click here.