![]() |
This time, it's the new Financial State of the States report by the Institute for Truth in Accounting, an Illinois-based nonprofit that has been pushing governments to reform their accounting practices for more than a decade.
Published: Monday, September 10th, 2012 @ 9:04 am
By: John Locke Foundation
|
![]() |
When you promise to pay someone in the future, you have a debt with him. However, were you to use cash accounting, as North Carolina's government does, you would not record it as such, because no cash changed hands.
Published: Friday, August 31st, 2012 @ 11:19 am
By: Stan Deatherage
|