PERACs Audit Unit is
responsible for performing a triannual audit of each
retirement system to insure that all financial and managerial
functions are being performed in accordance with statute
The guidelines for the triannual audit
are encompassed in the Internal Control Questionnaire
which is at this web site.
PERACs staff of nine field auditors
not only perform audits but also provide technical
assistance as needed. It is the goal of the Accounting
and Auditing Unit to provide education and training
to all retirement system staff in the financial operations
of the retirement systems. We are developing new training
programs to assist new retirement staff as well as
provide ongoing training for existing staff.
Contact the Audit Unit at 617-666-4446,
extension 924 for answers to your questions.