A serious breach in financial or data controls is an increasing concern in governments. Making proactive improvements regularly can mitigate such risks. LSL CPAs is a leading firm for audits and advisory services of state and local governments and federal agencies. Our firm frequently tops the list when governments are considering a change of auditors; this is because of our in-depth understanding of accounting rules specific to government agencies and our good reputation in the industry.
Working year-round, LSL CPAs prepares Comprehensive Annual Financial Reports (CAFR) as well as Single Audits under OMB Circular A-133 and the new uniform guidance. We also have particular experience in compliance reviews of government contracts and internal audits of operations to identify areas of potential loss, abuse or waste. Such transparency is an emerging need that our team can support for executives, boards and councils.
State and local governments and federal agencies request our consulting on financial accounting and reporting models and budgeting. Our strong network of retired CFOs and other government professionals can also assist with interim staffing or other professional staffing arrangements as needed. Click HERE to download a PDF of our services.
Financial and Compliance audits
Comprehensive Annual Financial Reports (CAFR) preparation and review
Single Audits (OMB Circular A-133 and new Uniform Guidance)
Agreed upon procedures
Litigation support (consulting and expert witness)
Policies and procedures/Internal controls
Interim reporting or staffing
CAFR reporting models
Financial training and education
GASB implementation consulting
IT strategic planning and consulting