New Student Activity Fund Audit Guidelines Issued in Massachusetts
The Massachusetts Department of Elementary and Secondary Education (DESE) has just issued their Student Activity Funds Audit Guidelines.  As of this writing it was not yet on their website but can be obtained through the following link (Click Here). Student Activity Funds have been required to b.....
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NH Businesses Beware: Massachusetts Has a New Apportionment Formula
Reprinted from the New Hampshire Bar News: Last summer, our neighbor to the south enacted two changes that would have a significant impact on the tax burden of certain New Hampshire and other non-Massachusetts businesses. One provision imposed an expanded sales tax; the other changed the way a bu.....
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Get Ready for GASB 67/68
The Government Accounting Standards Board (GASB) recently approved two new standards which will have a significant impact on state and local government financial statements. GASB 67 relates to the accounting and reporting of pension plans and will be effective for the December 31, 2014, pension plan.....
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