January 11, 2026
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Tag: Truth in Accounting

NEW REPORT: California Ranks Among Bottom of 50 States for Financial Transparency

April 23, 2024   9:52 amApril 23, 2024   9:52 am
In 2020, then-Senator John Moorlach, the Legislature’s only CPA, reported for the Globe that 49 of the 50 U.S. states had completed and published their annual audited financial statements – California was the only state which failed to complete and...
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The Financial State of California Cities 2024

April 6, 2024   9:05 amApril 7, 2024   11:31 am
75 of the largest American cities owned a total of $307.4 billion of assets to pay $595.3 billion in liabilities at the end of fiscal year 2022. The 75 largest cities in America were collectively $288 billion in debt, Adam...
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