Municipal Bond Trading & Underwriting

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...

Leading by Example: Syracuse University Is Fastest Municipal Borrower to Complete Financial Audits

Syracuse University is known for many things: its Orangemen, its hilly campus, and its famous alumni, including Joe Biden, Dick Clark, and William Safire. But perhaps one of its lesser known accolades is that it is a leader in timely financial reporting among...

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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