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.
Wednesday, May 14, 2014
U.S. Department of Defense audit issues
Fierce government reports the concerns around next year's efforts for audit by department of defense. For that article see
http://www.fiercegovernment.com/story/hale-dod-wont-produce-full-auditable-financial-statement-sept-30/2014-05-14?utm_medium=nl&utm_source=internal
For a link to actual hearings, statements and testimony, see http://www.hsgac.senate.gov/hearings/improving-financial-management-at-the-department-of-defense
Friday, May 9, 2014
FASAB seeking comments
This is a request for an extension of time for audit standards to address the changes in long-term projections being moved from RSI to basic information.
http://www.journalofaccountancy.com/News/201410059.htm