Thursday, June 26, 2014

Is your city or state business friendly

http://cdn-1.thumbtackstatic.com/media/_survey/friendliness-2014/friendliness_2014.pdf This survey (Thumbtack.com and Kaufman Foundation) looking at what makes small business friendliness in terms of regulations and ease of business organization and operation. This 45 page documents ranks states and cities in the appendices

Tuesday, June 17, 2014

Slow growing states

http://247wallst.com/special-report/2014/06/13/americas-slowest-growing-state-economies/ Who are the slow growing states and what do they have in common?

GASB OPEB proposal and expected impact

This article discusses some of the impact of the GASB proposal. Huge obligations, and changed actuarial method are two of the items discussed. http://journalofaccountancy.com/News/201410332.htm Also here is a link to materials about the standard. http://www.gasb.org/cs/ContentServer?c=Page&pagename=GASB%2FPage%2FGASBBridgePage&cid=1176164129754

Friday, June 13, 2014

NFP specialization and CPAs

This article indicates some key developments in the area of NFP and accountants http://www.journalofaccountancy.com/News/201410317.htm

Thursday, June 12, 2014

Bond sales slowing despite low interest rates

This article talks about a nervousness to incur bond debt by issuers, and a corresponding decrease in capital improvements as a result of the actions. Impact on yields is addressed. http://www.reuters.com/article/2014/06/02/us-usa-municipals-supply-idUSKBN0ED0Z920140602

NY City bond sale

The first bond sale since the city's proposed budget was called "credit negative" by Moody's. http://www.bloomberg.com/news/2014-06-09/nyc-bond-sale-gives-investors-vote-on-de-blasio-budget.html

Wednesday, June 11, 2014

Public Pension Shortfalls in excess of $1 trillion

Study was based on 150 pension plans. http://www.businessweek.com/news/2014-06-10/u-dot-s-dot-public-pension-shortfalls-exceed-1-trillion

Monday, June 2, 2014

GASB pension reporting

This article is a reference to the AICPA white paper regarding the pension numbers. http://journalofaccountancy.com/News/201410247.htm