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

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. ....

New Mexico , United States , New Jersey , Jersey City , Tiffany Tribbitt , Bobby Laborde , Stuart Nicol , Steven Fulop , Jaime Blansit , Kim Wallace Scalcione , American Institute , Jersey City Mayor Steven Fulop , Financial Officer Bobby Laborde , Government Accounting , S Amp P , Bond Ratings ,

S&P tells 149 issuers: provide timely financials or risk withdrawn ratings

While other issuers have suffered ratings hits or had them withdrawn, California's ratings have not been impacted by its now perennially late ACFR.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

United States , New Mexico , Tiffany Tribbitt , Stuart Nicol , Jaime Blansit , Richard Ciccarone , Merritt Research Services , Fitch Ratings , Moody Investors Service , Given The American Institute , American Institute , Investors Service , Bond Ratings , Audit Standards , Public Finance , Regulation And Compliance ,