Accounting for Governmental Entities

President John F. Kennedy once said that public confidence is the basis of effective government. We don’t want to tell you how to run the government - you have plenty of constituents ready to share their opinions. But we can help you run the books and assure the public that you are both transparent and accurate in the stewardship of resources.

Accountability to the public is one of the hallmarks of every governmental entity. For more than 40 years, our municipal team has used its skills and expertise to provide auditing and accounting services to a variety of local units of government ranging in size from $300,000 to over $20 million. These include:

• Counties
• Cities
• Villages
• Townships
• Authorities
• Joint Ventures

We assist our governmental accounting clients with services such as:

• Audits, reviews, and compilations of financial statements
• Agreed-upon procedures
• Single audits (also known as Subpart F audits under the Uniform Guidance)
• Construction bond audits
• Bond refunding transactions
• Budgeting, forecasting, and projections to assist with long-term strategic goals
• Business accounting services such as bookkeeping, account reconciliations, on-site controllership, and financial statement preparation
• Federal and state grant compliance
• Fraud awareness and prevention
• Implementation of accounting principles
• Internal control reviews

Our managers and partners stay on top of the latest developments in governmental accounting – whether it is a new GASB Statement from the Governmental Accounting Standards Board or a revision to the Yellow Book, we’ve got it covered.

To keep up-to-date on the latest changes in the industry we are members of the following professional organizations:

• American Institute of Certified Public Accountants (AICPA)
• AICPA Governmental Audit Quality Center
• Michigan Association of CPAs & the Indiana CPA Society
• Michigan Township Association (MTA)

Further, you can expect that staff assigned to your engagement will remain constant each and every year, providing for greater efficiencies as a result of familiarity with your municipality or organization.

Give us a call or write us a quick note to tell us how we can become your municipal pals (or is it MuniciPals?).