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New study measures financial transparency among state governments

Truth in Accounting  |  November 16, 2021

Truth in Accounting / Globe Newswire story, includes “… Overall the 50 states’ transparency scores worsened compared to the previous years. … Only 37 states’ financial reports received clean audit opinions, which is down 10 states from last year. … No states published their reports within 100 days of their fiscal year end … ‘State governments have historically struggled to provide the public with meaningful information about their financial health,’ said TIA founder and CEO Sheila Weinberg. ‘We have seen reporting efforts hampered in the past by conflicts of interest, out-of-date information, and tardy publication.’ …”

Read the full article on: Yahoo News

 
 
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