Did anybody notice the absence of the auditors? http://www.kob.com/article/stories/S2687502.shtml?cat=516
A signed audit report but no audit work was done. Missing comptroller. Lots of questions, not presently many answers
Current matters and resources related to an improved understanding of governmental accounting at the national, state, and local level. Also matters related to the accounting of Nonprofits are included.
Friday, July 13, 2012
Monday, July 2, 2012
Sunday, July 1, 2012
GASB approves pension standard
to put unfunded pension liability on the balance sheet. See this Journal of Accountancy article. also references the Pew study of the 1.3 trillion dollar funding gap http://journalofaccountancy.com/News/20125927.htm