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.
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
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