Atwater California

faces fiscal emergency.   http://online.wsj.com/article/SB10000872396390443493304578036781420348220.html?mod=djem_jiewr_AC_domainid

Rigged LIBOR impacts states and municipalities

who bought interest rate swap agreements before the financial crisis.  Impacted to the tune of billions.   http://www.bloomberg.com/news/2012-10-09/rigged-libor-hits-states-localities-with-6-billion-muni-credit.html

Sales tax, Amazon, and Confusion

Some of the issues are laid out in this article http://www.forbes.com/sites/robertwood/2012/10/08/confused-by-amazon-taxes-youre-not-alone/

Yellowbook Standards

and what is required for CPE, as presented in an 11 minute video prepared by Leita Hart.   Also there is a writeup that describes the gist of her video.   She is fun to listen to though.  Thanks Leita for the work you do.    http://yellowbook-cpe.com/what-does-the-yellowbook-require

Contributions versus Exchange Transactions

for NFPs, explained by BKD.  This informaiton is the accounting pertaining to grants.   http://www.bkd.com/articles/2012/contribution-versus-exchange-transaction.htm

A look at 10 states as they try to address pensions

California and Illinois lead the pack with unfunded pension liabilities.  http://www.benefitspro.com/2012/10/08/10-states-where-the-public-pension-fight-is-fierce?ref=hp

GASB Chairman Robert Attemore

to retire next June.   He has been at the helm since 2004.
http://journalofaccountancy.com/News/20126560.htm