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ACCOUNTING SYSTEM TO STAY

Jan 01, 2019 - The Wisconsin State Journal

Before he took office, Gov. Scott Walker vowed to use it as the standard for a balanced budget. Now incoming Gov.-elect Tony Evers says it's "something to work towards."

Both were referring to a method of accounting standards used by publicly traded companies, certified public accountants and local governments ? but not the state ? known as "generally accepted accounting practices" or GAAP.

After eight years in office, Walker never fulfilled his campaign promise to balance the state ...