California’s bungled $1 billion accounting system

In 2005, the State of California began a project called the Financial Information System for California (FI$Cal) that was planned as a single replacement for a multitude of existing budget, accounting, cash management and procurement systems. The cost was estimated in 2012 at $617 million with a completion date of July 2016. Today the cost is estimated at over $1 billion and the “end date” is June 2020.
But the problems with FI$Cal are worse than cost overruns and blown deadlines, ac