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Accounting for Post Employment: Liabilities for Municipalities
That approaching wave of pension debt is a lot bigger than it looks. While the State struggles to get a handle on this, unfunded post retirement plans for sc...
Read More>>GASB 45 May Reveal Unpleasant Truths
The Government Accounting Standards Board (GASB) is a private, non-governmental organization that issues the generally accepted accounting principles (GAAP) ...
Read More>>Atlanta Pension Plan Overhaul Could be Game Changer
The pension system of Atlanta is all about to change, as the City Council gears up to bring legislation that may eventually entirely eliminate the city's pen...
Read More>>Editorial Survey
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December Audio Conferences with Lorman Education
Why travel, when your entire staff can be trained. Plus, when you book your Lorman training via this portal, you receive a 20% discount.
Read More>>How Realistic is the National Debt Commission Plan?
The recently released National Debt Commission Plan is stirring controversy and challenging both liberals and conservatives to address this issue.
Read More>>GASB 54-New Fund Balance Requirements
Fund balance is an important measure that represents the difference between a fund's assets and liabilities. The overall objective of fund balance reporting ...
Read More>>News From Around the Country-Sept. 3
Municipal news from around the country . . .
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Fraud in the Workplace
When we read the news, we see fraud, theft and other illegal activities on fairly regular basis. In the public sector, because it involves public money alm...
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