Merritt Research Services, an Investortools company, and the Government Finance Research Center at the University of Illinois Chicago provide an overview of audit time trends since 2010 while recognizing the timeliest audits of the 2021 fiscal year. Data is grouped by municipal credit sector from more than 10,000 municipal bond audits in the Merritt Research Services database found in CreditScope.
Report: Public vs. Private Auditors, Big vs. Little Issuers: What’s Influencing the Timeliness of Municipal Bond Audits by Deborah A. Carroll and Richard A. Ciccarone.
Read the full report here.
