Our Commitment
Today, financial reporting demands are getting more complex with governmental services. Demand from taxpayers and citizens are on the rise for governments to be held more accountable. With the ever-changing requirements of governmental auditing, decision makers in the public sector need guidance. We are readily available to assist local governments with their financial needs. Some of the local units that we serve include:
- Villages
- Fire Protection Districts
- Library Districts
- Sanitary Districts
Services Available
Services we provide to our clients include:
- Audits of Financial Statements
- Single Audits
- Audits of Financial Statements in Accordance with Government Audit Standards
- Agreed-Upon-Procedure Engagements
- Bookkeeping Training and Assistance
- Budget and Levy Preparation and Assistance
- General Ledger Accounting Services
- Financial Statement Preparation
R.S. Abrams & Company performs audits with strict adherence to:
- AICPA Generally Accepted Auditing Standards (GAAS)
- GAO Generally Accepted Government Auditing Standards (GAGAS)
- Statement on Auditing Standards (SAS)
- Office of Management and Budget (OMB Circular A-133 requirements)
- Peer review requirements of audits