Investor Relations

Does Municipal Bond Credit Quality Impact Annual Audit Times?

Increased attention on local government fiscal stress and Chapter 9 bankruptcy filings has heightened concerns over municipal bond credit quality in wider circles than ever before.  But while the Securities and Exchange Commission (SEC) requires certain issuers of...

A Tale of Two Financially Transparent Cities

“Transparency in government”... Merely buzzwords until they are put into action. And despite the push for more openness and greater accountability by the investment community, watchdog groups, and taxpayers, exemplary cases of transparency in city government are still...

Most Municipal Audits Still Slow, Despite Push for Timely Transparency

In the corporate bond market, the Securities and Exchange Commission (SEC) requires that annual audit reports be submitted within 60 to 90 days of the close of the fiscal year.  While the Municipal Securities Rulemaking Board (MSRB) has said that it would like to have...

Study Examines Municipal Audit Turnaround Time

How long does it take for municipal entities to produce annual audit reports?

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