Governmental Accounting – New Castle County (DE)

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Governmental Accounting – New Castle County (DE)

Many state and local governmental agencies in New Castle County and across Delaware face multiple accounting and audit challenges. Not only are Executive Directors and Comptrollers required to maintain compliance with basic reporting requirements, but they must also be aware of other requirements triggered by government funding and compliance. This includes the need to maintain a robust accounting process, which includes budget preparation, cash flow projections, and revenue enhancement strategies. This confluence can make it challenging to maintain and operate an optimized accounting function. Due to the difficulty, it is essential to consult with a qualified advisor who can help guide you through the process and offer measurable support.

Delaware Governmental Accounting Experience

Belfint, Lyons & Shuman works with Directors of Finance, Controller/Comptrollers, Treasurers, and Accounting Managers in New Castle County and across Delaware. Our team has years of experience helping agencies meet compliance requirements, conduct required examination/audit services, and address accounting and tax concerns. Our team has years of experience serving agencies backed by advanced training and special certifications, including the Certified Government Financial Manager (CGFM®) and Certified Fraud Examiner (CFE®).  We are active in many associations, including the AICPA Government Audit Quality Center, the Association of Government Accountants, and the Government Finance Officers Association.

 

Governmental Accounting – New Castle County

Our  governmental accounting team offers a diverse range of services to governmental and state agencies, local governments, school districts, housing authorities, low-income housing, government authorities, and water utilities, including:

Accounting, Auditing, & Tax Services
  • Audits performed by Government Auditing Standards
  • Single audits performed in accordance with the Uniform Guidance
  • ACFR Review or Preparation
  • Fraud factor identification and analysis of risk levels
  • Internal control system reviews, risk assessment, and recommendations
  • Forensic, performance and compliance audits
  • Examinations
  • Cost certifications
  • Pension Audits
  • 403(b), 457 benefit plan audits
  • Economy and efficiency engagements
  • Financial statement compilations & reviews
  • 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
  • Revenue enhancement strategies
  • Executive search assistance
  • Indirect cost/cost allocation studies

Contact our Delaware Governmental Accounting Team

Belfint, Lyons & Shuman provides governmental accounting, audit, and consulting services for New Castle County and Delaware agencies. To learn more about our services, complete the form below, and a team member will contact you shortly.

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About the New Castle County (DE) Business Community

New Castle, Delaware, boasts a diverse and evolving business community characterized by its blend of historic charm and modern industry. As part of the broader Wilmington metropolitan area, New Castle benefits from its strategic location near major highways, the Port of Wilmington, and Philadelphia, making it a key hub for logistics, manufacturing, and distribution companies. The local economy is supported by a mix of small businesses, retail establishments, and service providers, catering to both residents and the significant commuter population. Additionally, the city’s historic district attracts tourists, contributing to the hospitality and retail sectors. Recent economic development efforts have focused on revitalizing older industrial areas, attracting new businesses, and fostering a supportive environment for startups and entrepreneurs. Overall, New Castle’s business community is well-positioned for growth, balancing its rich heritage with forward-looking economic initiatives.

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