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Cities' credit ratings are at risk because there aren't enough accountants - Vimarsana News

Cities' credit ratings are at risk because there aren't enough accountants

Published: March 15, 2023

A marked increase in staffing shortages at auditing firms has resulted in significant setbacks to complete issuers' financial disclosures, S&P said in a report.

Source: accountingtoday.com
Related Topics:
New MexicoUnited StatesNew JerseyJersey CityTiffany TribbittBobby LabordeStuart NicolSteven FulopJaime BlansitKim Wallace ScalcioneAmerican InstituteJersey City Mayor Steven FulopFinancial Officer Bobby LabordeGovernment AccountingS Amp PBond Ratings
S&P tells 149 issuers: provide timely financials or risk withdrawn ratings - Vimarsana News

S&P tells 149 issuers: provide timely financials or risk withdrawn ratings

Published: March 14, 2023

While other issuers have suffered ratings hits or had them withdrawn, California's ratings have not been impacted by its now perennially late ACFR.

Source: bondbuyer.com
Related Topics:
United StatesNew MexicoTiffany TribbittStuart NicolJaime BlansitRichard CiccaroneMerritt Research ServicesFitch RatingsMoody Investors ServiceGiven The American InstituteAmerican InstituteInvestors ServiceBond RatingsAudit StandardsPublic FinanceRegulation And Compliance