Financial reporting and accounting advisory for public sector
Facing a complex audit or accounting issue? Our experienced team works with a variety of public sector organizations on specific financial reporting and accounting advisory projects.
Specialized financial reporting and accounting advisory expertise
Work with a team that understands how audit and accounting issues affect public sector organizations like yours.
Keeping up with financial reporting requirements in the public sector can be challenging – especially given limited resources and changing requirements.
Our experienced public sector specialists can work efficiently and diligently on financial reporting and accounting advisory needs for your organization.
GASB implementations
Public sector organizations can enhance transparency and accountability in their financial reporting by implementing the standards of the Governmental Accounting Standards Board (GASB).
We have extensive experience and specialized knowledge in GASB standards, including team members who’ve worked directly with GASB. Our team’s expertise helps us fully understand and develop unique methods and technologies to properly implement standards.
Audit support and finding mitigation
For large, complex organizations, external audits can often last several months and include hundreds of audit requests to manage, which can cause distractions in managing the day-to-day operations of a government or public university.
Audit support and liaison assistance from Crowe can help public sector organizations navigate the complexities of the audit process, maintain compliance, and address and mitigate findings effectively.
General ledger maintenance and cleanup
Obtaining assistance with general ledger maintenance and cleanup can help organizations report accurate financial information, reduce financial reporting risks, and meet relevant standards and regulations.
Crowe provides general ledger maintenance and cleanup services to help public sector organizations accurately report and track financial data and maintain compliance with rules and regulations.
Reconciliations
State and local governments and public universities regularly lack the staffing resources needed to perform periodic reconciliations. Additionally, existing staff might not have the proper understanding of how to efficiently complete the various reconciliations.
Crowe provides assistance with reconciliations to public sector organizations, including reconciliation preparation, review, training, and tools and resources for reconciliation completion.
Who we serve
Our team has deep industry knowledge and can help various public sector organizations with financial reporting and accounting advisory projects.
State and local government agencies
Public universities
Federal government
State and local government agencies
Public universities
Federal government
Our approach to financial reporting and accounting advisory
Learn how we can help you address audit or accounting issues affecting your public sector work.
GASB implementations
We take a proactive approach to GASB implementations to get clients fully prepared and on board with new standards.
Crowe has provided GASB implementation assistance for numerous public sector entities. We’ve developed advanced tools and techniques to streamline the implementation process. Additionally, our GASB implementations can be customized to align with your public sector organization’s requirements.
Audit support and finding mitigation
We have developed – or have access to – a variety of templates, tools, and technology for data analysis, monitoring, and reporting, which can enhance the efficiency and accuracy of the audit process.
We also offer experience from both sides: performing external audits and helping clients with audit support internally. This experience allows us to see the big picture and understand and anticipate auditor questions and expectations.
General ledger maintenance and cleanup
Working with numerous public sector organizations, Crowe developed advanced, customizable technology and templates to streamline general ledger maintenance processes and enhance reporting accuracy.
We also offer a variety of professional staff – including certified public accountants, certified internal auditors, certified financial analysts, and consultants – who can implement, explain, and manage general ledger maintenance and cleanup projects.
Reconciliations
Crowe can provide reconciliations in a variety of capacities, from reconciling years of data at once to report accurate current data to simply reconciling one period of data and training an organization to continue the reconciliation process.
We also have experience reconciling financial information for new grants to support compliance with grant requirements, and we’ve created specific tools and templates to improve accuracy and transparency with the reconciliation process.
Learn about some of our public sector accomplishments
Our services can help you stay focused on your mission
Discover the advantages of working with a team that has several decades of experience with public sector organizations and with financial reporting and accounting advisory.
