Monday, August 30, 2010
Unemployment rates for the states
Per USA today, some good news and some bad news http://www.usatoday.com/money/economy/2010-08-20-state-unemployment-july_N.htm
Friday, August 27, 2010
Some states try to boost with amnesty revenue
This BKD alert summarizes seven states with current amnesty periods for certain taxes due. http://www.bkd.com/media/articles/advisor/2010/2010-08alertsTX-2.htm
Tuesday, August 24, 2010
GAO proposing changes to yellow book
this would be the 6th revision since 1972. The exposure draft (210 page document) contains a letter at the beginning that summarizes the audit standard uchanges known as GAGAS. The changes include those made in recent years in the auditing profession as well as special considerations necessary for a government environment. The most significant proposed change in the draft surrounds independence issues - GAO is taking a stronger stand on this matter, limiting what auditor can do. The draft is located http://www.gao.gov/new.items/d10853g.pdf. The comment period closes 11/22/2010. The yellow book webpage with the existing version and other yellow bookmaterilas is located at http://www.gao.gov/govaud/ybk01.htm
Friday, August 20, 2010
Highest state income tax rates
in pictures and with words Make sure you click on the count-down with pictures of the top ten, and notice right under the picture that they show the rates and the amounts. Bill Gates's father is involved in the debate about taxxing the wealthy. http://www.forbes.com/2010/08/19/tax-rich-bill-gates-personal-finance-highest-state-income-tax-rates-2010.html
Thursday, August 19, 2010
New Jersey didn't have all disclosures
New Jersey recently settled a claim from the SEC that the state failed to disclose to bond investors that it didn't properly fund two of its pension plans when it issued bonds from 2001 to 2007. Likely more lawsuits in crackdowns to come http://accounting.smartpros.com/x70295.xml
Wednesday, August 18, 2010
Business.gov or the newer website
Update Jan 2011 with links that direct to a newer website http://www.sba.gov/community
original post: This is not so much about governmental accounting topics, but about business and government. This community has different forums that may be of interest. From "Starting and registering a business" to "government contracting" there is a supportive community. http://community2.business.gov/
This community forum is a part of the larger site of a division of the small business administration. http://www.business.gov/ also has resources and a weekly newsletter you can sign up for.
original post: This is not so much about governmental accounting topics, but about business and government. This community has different forums that may be of interest. From "Starting and registering a business" to "government contracting" there is a supportive community. http://community2.business.gov/
This community forum is a part of the larger site of a division of the small business administration. http://www.business.gov/ also has resources and a weekly newsletter you can sign up for.
Monday, August 16, 2010
Friday, August 6, 2010
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