Pension Funding Task Force developing

guidelines to help governments in dealing with the pension changes from GASB.   http://www.bondbuyer.com/issues/121_113/gasb-standards-public-pension-fund-accounting-1040821-1.html

Sal Khan's MIT commencement speech

I know this is tangential to Governmental accounting, but I believe this speech is related to good living, and am including it here.   About halfway through, Sal tells the graduates some words of wisdom to consider in living.   I enjoyed his perceptions about political interactions, night sky, inspiration, and his thought experiment that he concludes with.   http://web.mit.edu/newsoffice/2012/commencement-khan-address-0608.html

OMB provides final draft of Circular

The 2012  OMB Circular A-133 Supplement draft has been provided so firms can begin planning their 2012 single audit engagements http://www.aicpa.org/InterestAreas/GovernmentalAuditQuality/Resources/OMBCircularA133/Pages/FinalDraft2012OMBCircularA-133ComplianceSupplement.aspx