Governmental Accounting – Richmond
Many state and local governmental agencies in Richmond and Virginia 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 does not include the need to maintain a robust accounting process, which includes budget preparation, cash flow projections, and revenue enhancement strategies. This confluence can make maintaining and operating an optimized accounting function challenging. Due to the difficulty, consulting with a qualified advisor who can help guide you through the process and offer measurable support is essential.
Virginia Governmental Accounting Experience
Belfint, Lyons & Shuman works with Directors of Finance, Controller/Comptrollers, Treasurers, and Accounting Managers in Richmond and Virginia. 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 Services – Virginia
Our experienced 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
Map of Richmond (VA)
Contact our Richmond Governmental Accounting Team
Belfint, Lyons & Shuman provides audit, consulting, and accounting services for Richmond governmental agencies from our Delaware headquarters. To learn more about our services, complete the form below, and a team member will contact you shortly.
