Our cities and counties are increasingly asked to provide more services with fewer resources. The general public expects street repairs, protection from crime and fire, 911 services as well as water, sewer and garbage. Most revenue streams are from general taxes or services provided by the government. Tax revenues fluctuate as the economy fluctuates. Cities are partnering with Economic Development and Industrial Development Corporations to provide services and to increase the revenue base so that more services may be provided.

According to the Texas Statutes, Local Government Code, Title 4, Chapter 103, “A municipality shall have its records and accounts audited annually…” Our experience with cities and counties includes audits of cities with federal funding in excess of $750,000, including CDBG, RD and TWDB grants, capital projects, and component organizations. See listing below for other related topics:

• Procurement issues
• Sales & use tax
• Property taxes
• Budgeting & Strategic Planning
• Facilities Management
• General Administration
• Risk assessment standards

We believe our experience with cities and counties will enable us to provide you with an audit that meets your needs and the needs of your taxpayers, council members, management teams, oversight agencies, and creditors and/or funders. In addition, we are well equipped to provide meaningful advisory comments that may assist your organization in making more informed decisions and aid in strengthening your control environment.

Through the general economic slowdown, difficulties and uncertainties have changed spending patterns for nonprofit organizations. Even during these difficult times, the resilience of nonprofits is evident and the desire of American people to assist those less fortunate than themselves remain strong. However, performance measurement is a hot topic in the social sector as funders want to know exactly how the nonprofit is using resources to accomplish its mission. In addition, the government has placed increased reporting requirements on nonprofits as the government is also interested in exactly how the nonprofit is using its resources.

Our experience with nonprofits includes those that receive federal and/or state funding in excess of $750,000, religious organizations, local organizations affiliated with national organizations, and organizations that deliver goods and services all around the world. See listing below for other related topics:

• IRS Federal Informational Form 990
• Fringe benefits
• Intermediate sanctions
• Religious organizations
• Uniform Prudent Management of Institutional Funds Act (UPMIFA)
• Accountable plans

We believe our experience with nonprofit organizations will enable us to provide you with an audit that meets your needs and the needs of your donors, beneficiaries, board members, management teams, oversight agencies, and creditors and/or funders. In addition, we are well equipped to provide meaningful advisory comments that may assist your organization in making more informed decisions and aid in strengthening your control environment.

Every year, each water district and authority must complete a report on its financial status. Most Water Supply Corporations are required to have audits either through their bylaws and/or articles of incorporation or because they are the recipients of federal and/or state funding. There are increasing consumer concerns, decreasing natural resources, regulated water protection and increased reporting requirements.

We are knowledgeable concerning the standards for maintaining fiscal records that comply with the Texas Water Code (TWC) Section 49.196. In addition we are familiar with the Texas Commission on Environmental Quality’s (TCEQ) reporting requirements.

Our experience includes audits of organizations that have transitioned from water supply corporations to special utility districts and audits of organizations issuing bonds for improvements and expansion. We have worked with organizations that have received funding from Rural Development and Texas Water Development Board and have performed single audits on both water supply corporations and special utility districts. See listing below for other related topics:

• Single Audit Act

• Certificate of Convenience & Necessity (CCN)

• Water Utility Tariff

• Water Hygiene (Drinking Water) Title 30, Texas Administrative Code

• Purchasing issues

• IRS Federal Form 990 (for Water Supply Corporations)

• Texas Supplementary Information (for Special Utility Districts)

• IRS travel rules & regulations

We believe our experience with water supply corporations and special utility districts will enable us to provide you with an audit that meet your needs and the needs of your members, taxpayers, board members, management teams, oversight agencies, and creditors and/or funders. In addition, we are well equipped to provide meaningful advisory comments that may assist your organization in making more informed decisions and aid in strengthening your control environment.

With fluctuating energy costs, more and more cost conscious customers, and the increasing demands from bonding agencies and creditors, manufacturing and construction companies are asked to meet stricter demands while maintaining quality in an efficient and profitable way.

Our experience includes audits and reviews of companies who build to customer specifications and who manufacture made-to-order items as well as more standard or stock items. We have worked with companies and their bonding agencies to provide clear and understandable disclosures to provide to creditors, potential customers and insurers/bonding agencies. See listing below for other related topics:

• Project Costing

• Inventory Valuation

• Controls over Disbursements, Purchasing, and Revenue Recognition

We believe our experience with manufacturing and construction companies will enable us to provide you with an audit that meets your needs and the needs of your owners, board members, management teams, bonding agencies, and creditors. In addition, we understand the challenges of bidding and producing products within budget while maintaining profit margins and the controls that are necessary to enhance your decision making.