Governmental agencies face various financial challenges and pressures. There is no shortage of concerns that require management’s attention. The key to a successful accounting relationship is finding a firm that meets not only your compliance needs, but also brings perspective and solutions to the other challenges you are facing. Most accounting firms are capable of completing compliance work but it takes an experienced provider with knowledge of the agency environment to take it to the next level. Only a firm with significant experience, strong technical knowledge, and a broad view of your organization can make this happen.

Working with Belfint, Lyons & Shuman provides a unique opportunity to experience not only the best in service and client care, but also have access to complex advisory services generally offered by national accounting firms. The result is a refreshing blend of seasoned professionals, responsive service, and scalable solutions that drive value beyond the engagement letter. In addition to compliance, we also seek opportunities to improve processes, cost savings, and revenue enhancements through the agency. This is our way of bringing additional value to your team and the engagement.

Our Governmental Agency Services Include:

 

Accounting, Auditing & Tax Services
  • Fraud factor identification and analysis of risk level
  • Internal control system improvement recommendations
  • Generally Accepted Government Auditing Standards in the United States of America assistance (GAGAS, Yellow Book)
  • 403(b), 457 benefit plan audits
  • Form 990 or 990T preparation
  • Unrelated business income tax issue consulting
  • Excise tax planning
  • Utility rate studies
  • Economy and efficiency engagements
  • Internal control reviews and risk assessments
  • Agreed-upon procedure reporting, designed based on your needs
  • Bookkeeping and financial reporting assistance
Advisory Services
  • Financial training for management and staff
  • Strategic planning and development of performance measurement systems
  • Budget preparation and cash flow projection consulting
  • Executive search assistance
  • Indirect cost/cost allocation studies
  • Asset allocation analyses and return on investment computations
IT Services
  • IT staffing services
  • Remote systems support and monitoring
  • IT assessments and review
  • Internal network security audits

 

Contact Our Governmental Professionals

Are you looking for assistance managing the financial requirements of your governmental agency or authority? For additional information, please contact George Fournaris, CPA, CGFM at 302.225.0600, or click here to email George. In a brief consultation he can assess your situation and determine the best way to proceed.

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