WASHINGTON — The chairman of the Governmental Accounting Standards Board plunged into the debate over municipal market disclosure Thursday, urging state and local governments to generate more timely financial reports.

In an opinion piece in the summer issue of the Journal of Government Financial Management, Robert Attmore said issuers should release audited financial statements, prepared in accordance with generally accepted accounting principles, or GAAP, within three to six months of the end of their fiscal years.

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