measurement, processing and communication of financial information about economic entities
Sara Burrows reports for Carolina Journal Online about a new law that eases restrictions on food trucks in North Carolina. John Hood’s Daily Journal documents a poor ranking for North…
Josh Barro, Eileen Norcross, Joshua Rauh, Andrew Biggs and others have explored the problem of overly optimistic funding assumptions in public pension valuations. Some guy with no background in public…
Gov. Perdue, via Binker He [state stimulus tsar Dempsey Benton] tells me something that I didn’t know until yesterday, that the rules are such that the money cannot be co-mingled…
Orange County officials are trying to figure out what they did with $5.9 million they thought was in the savings account and another $9.6 million in other accounts. Apparently, the…
Blue Ridge Community College’s accountants were a little sloppy in recording entries of six and seven digits. Not to worry. A financial review by the North Carolina Community College System…
For years the Bush Administration has urged Congress to step up and deal with the unsustainable entitlement situation in Washington while the left continued to say all was fine. The…
Unfortunately, as Roy and I discussed this morning, virtually all non-profits, including this one, operate on a wages-fund principle, not a marginal revenue product principle when it comes to those…
Based on conversations with the accountant preparing the John Locke Foundation’s audited financial statements for 2003-04, I have to conclude that the accounting profession is, well, a bit batty. It’s…
From today?s News & Record: GREENSBORO ? An accounting error obscured a million-dollar shortfall in the Greensboro Coliseum’s budget, forcing city officials to scramble to reconcile the city’s accounts. The…
As the North Carolina Senate prepares to vote on its proposed 2004-05 budget plan, it is important to keep in mind that an accounting change included in the plan has…