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Truth in Accounting: ‘California is unusually delayed in issuing its annual financial report’

OCTOBER 27, 2020 | by Juliette Fairley | SOUTHERN CALIFORNIA RECORD

By Juliette Fairley, includes “The state of California was recently crowned with the Tortoise Award for the slow publication of its Comprehensive Annual Financial Report (CAFR).  … Margarita Fernández, CPA and chief of public affairs and quality assurance with the California State Auditor’s office in Sacramento, told the Southern California Record that it will issue its independent audit report on the State’s financial statements on Friday, Oct. 30. …” (Note: How "independent" is this audit report if it is issued by a state government entity? See Wikipedia

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