NFP rules for gifts in kind

https://www.journalofaccountancy.com/news/2020/sep/fasb-alters-not-for-profit-accounting-rules-for-gifts-in-kind.html

Calpers understated investment consultant expenses

https://www.nakedcapitalism.com/2020/09/calpers-cooks-its-books-grossly-understated-investment-consultant-meketas-expenses-in-annual-financials-made-a-criminal-false-account-by-burying-the-cost.html One of CalPERS’ most visible outside advisors is its private equity consultant Meketa Investment Group. Reports to the board about CalPERS’ outside contracts showed payments to Meketa of over $1 million across the last two fiscal years. Yet CalPERS’ CAFRs for those two years showed payments to Meketa of only $78,000 in one year, the fiscal year ended June 2019, and none the previous year, even though Meketa received fees from CalPERS in both years. https://www.calpers.ca.gov/docs/forms-publications/cafr-2019.pdf

Fines, fees, and forfeited assets report

https://gfoaorg.cdn.prismic.io/gfoaorg/2e311329-a26d-4d75-9330-7d59964820e6_FeesFinesAssetForfeitures_R3.pdf
GFOA challenges all GFOA members to better understand the implications of misused fees and imposed fines, including their connection to systemic racism, lack of trust in government, and the potential to seriously harm the lives of disadvantaged citizens.

Covid-19 GAGAS audit alert

https://www.gao.gov/assets/710/708718.pdf