Thursday, March 19, 2015
NFP Boards not quite as effective as necessary
http://www.bkd.com/articles/2015/good-intentions-or-intentionally-which-describes-your-board-of-directors.htm?mkt_tok=3RkMMJWWfF9wsRoju6%2FNZKXonjHpfsX56OkpXaC1lMI%2F0ER3fOvrPUfGjI4CScZkI%2BSLDwEYGJlv6SgFT7nDMaxwy7gIWxQ%3D
Read the results of the survey taken in Jan 2015, that was written up by BKD.
Few States Neglected Pension Funds during Recessions
http://www.nasra.org/files/JointPublications/NASRA_ARC_Spotlight.pdf
This 12 year report looks at the funding of the ARC (annual required contribution) for 112 organizations for a period of a dozen years.
Thursday, March 12, 2015
Predicting State government revenue a challenge
http://www.pewtrusts.org/en/research-and-analysis/reports/2015/03/managing-volatile-tax-collections-in-state-revenue-forecasts
The Pew study identifies the volatility in forecasting revenue and talks about ways to manage the volatility.
Tuesday, March 3, 2015
GASB 72 on fair value effective 6-15-15
http://www.journalofaccountancy.com/news/2015/mar/gasb-fair-value-measurement-guidance-201511887.html
GASB Fair value standard, a result of stakeholder requests for clarity, has been passed.
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