Fake audit - New Mexico Finance Authority

Did anybody notice the absence of the auditors?  http://www.kob.com/article/stories/S2687502.shtml?cat=516

A signed audit report but no audit work was done.   Missing comptroller.  Lots of questions, not presently many answers

Amazon now collecting sale tax from Texans

Effective July 1, 2012http://www.statesman.com/business/starting-sunday-texans-will-have-to-pay-tax-2406966.html

GASB approves pension standard

to put unfunded pension liability on the balance sheet.   See this Journal of Accountancy article.   also references the Pew study of the 1.3 trillion dollar funding gap http://journalofaccountancy.com/News/20125927.htm