Research Project
Credit Rating and Geography: Examining the Timeliness of Municipal Bond Audits
- Principal Investigator
- Carroll, Deborah A.
- Co-Principal Investigator
- Ciccarone, Richard
- Research Area(s)
- Debt and Long-Term Obligations
- Fiscal Policy and Financial Positions
- Government Finance Research
- Research Report
- Funding Source
- Government Finance Research Center & Merritt Research Services, an Investortools Company
Abstract
Credit Rating and Geography: Examining the Timeliness of Municipal Bond Audits overviews audit time trends since 2011. Then, it recognizes the timeliest audits for the 2022 fiscal year, grouped by municipal credit sector, from more than 11,000 municipal bond audits in the Merritt Research Services database found in CreditScope. In addition, the report conducts correlational analysis to examine the potential connection between credit rating and audit timeliness, as well as provides a geographical illustration of median audit times across the U.S. states for governmental bond issuers. Published: May 15, 2024. Read the full report here.