Risk Advisory for State & Local Government
Comprehensive Risk and Accounting Advisory Services for State and Local Governments
Our team is comprised of advisory professionals with deep government consulting experience, many of whom have previously worked in government alongside elected office holders and career civil servants. With first-hand knowledge of organizations’ processes, technology, rules and regulations, we provide comprehensive risk advisory services, including:
Accounting Advisory for State & Local Government
Technical Accounting Advisory Services for State and Local Governments
As governmental accounting standards become increasingly complex and accounting staffing shortages worsen, the demand for high-quality Governmental Accounting Standards Board (GASB) accounting expertise continues to rise. Cherry Bekaert’s accounting advisory team provides timely, accurate governmental accounting and financial reporting services to organizations throughout the country.
Cherry Bekaert has an accounting solution to meet your needs, whether that consists of a narrow scope accounting statement implementation, a surged response to rectify financial statement close or account reconciliation issues. Additionally, we are equipped to handle long-term, co-sourced needs. Our technical accounting advisory services include:
Cybersecurity & Information Assurance
Comprehensive Cyber and Information Security Support for State and Local Governments
As public sector agencies digitalize their processes, the threat of ransomware attacks and data breaches increases. Never has the protection of an organization’s data been more important, and the threats against it more present.
Cyber breaches not only affect an organization’s finances but can impact operations and make it harder to measure results. Perhaps more importantly, a data breach can significantly damage an organization’s reputation. Cherry Bekaert assists clients in identifying relevant cybersecurity risks and developing realistic solutions to help minimize the likelihood and impact of systems and data being compromised.
Our cybersecurity services include:
- Informational Technology and Cybersecurity Governance, Strategy, Security Planning & Policies and Procedures
- Cybersecurity Readiness Assessments
- Risk & Vulnerability Assessments
- Security Framework Assessments & Testing
- Attack & Penetration Tests and Ethical Hacking
- Technology & Cybersecurity Due Diligence
- Cybersecurity Defense & Response
- Security Awareness Training & Program Development
- Continuity of Operations Planning & Support
- Service Organization Controls (SOC) Services
Digital Advisory for State & Local Government
Comprehensive Digital Advisory Services for State and Local Governments
Creating a digital environment with data-driven practices can increase the efficiency and effectiveness of state and local organizations’ and allow for a better focus on achieving the core mission. We specialize in working with departments and divisions of state governments, counties, cities, towns, villages, school districts, library systems, stand-alone enterprise funds, authorities, commissions, boards and planning councils.
Through digital advisory and transformation, organizations can better manage risk, protect value, and build sustainable and resilient operations. Our priority is enabling state and local governments to harness their full potential by optimizing data for better decision making and service delivery. Key digital transformation offerings include:
Our Digital Advisory team also offers comprehensive technology strategy and implementation, including:
- Project & Program Management
- IT System Requirements & Design
- Project Assurance, Independent Verification & Validation (IV&V)
- Budget System & Process Consulting
- Procurement to Payment (P2P)
- Built for Purpose Business Solutions & Technology
- Procurement Support & Negotiations
- Enterprise Architecture
- Systems Evaluation, Implementation & Support
Audit and Assurance for State & Local Government
Assurance Services for State and Local Governments
In an environment of falling revenues, tightening budgets and increasingly complex compliance restrictions, it is important to have the right government accountant to guide you forward.
Cherry Bekaert’s Government & Public Sector team provides innovative and effective audit, assurance, and attestation services to state and local governments, reducing the demands on government staff and allowing entities to focus on their constituents. Our professionals have held key positions for the GASB, the American Institute of Certified Public Accountants (AICPA) and state and local committees. They also attend and teach at conferences hosted by the Government Finance Officer Association (GFOA) and the Association of Government Accountants (AGA).
Our government and public sector professionals stay informed about market conditions and industry trends that may affect state and local governments. Through this commitment and dedication, we have a significant concentration of expertise which, together with our Firm’s size, has provided us a niche and unsurpassed reputation serving government. Our services include:
- Annual Comprehensive Financial Report (ACFR) & Financial Statement Audits
- Uniform Grant Guidance (UGG) Audits & Data Collection Forms
- State-Specific Single Audits
- State-Specific Required Agreed Upon Procedures & Examinations
- Pension Plan Audits
- Passenger Facility Charge (PFC) Audits
- National Transit Database (NTD) Reporting
- Electronic Submission of Real Estate Assessment Center’s (REAC)
