GOVERNMENTAL SERVICES & SCHOOL DISTRICTS

Governments and businesses are very different. The purpose of government is "to enhance or maintain the well-being of citizens by providing services in accordance with public policy goals" while the purpose of business is "generating a financial return on investment for shareholders" according to a recent white paper of the Governmental Accounting Standards Board (GASB). Governments also serve a broader group of stakeholders and must comply with budgeted public policy priorities. Governments raise revenues through involuntary taxes and exist longer than most businesses. These major differences create a unique set of requirements for governmental accounting, drawing from corporate and nonprofit accounting, as well as other accounting standards.

DB&B has more than 50 years of experience providing external auditing, internal audits, internal control studies, fraud examination and consulting services to school districts and other governmental entities across the state. Our dedicated staff of professionals averages more than 10 years with the firm. Our staff is very well-versed in issues that governmental clients face each day. And should an unusual issue arise, DB&B's affiliation with PKF International allows our team to tap into the wealth of knowledge of other top accounting practices around the world. We specialize in helping our clients look at their current processes and procedures objectively, identifying ways to improve both efficiency and effectiveness, and initiating and managing change. All our engagements are tailored to each client's specific goals and needs.

While DB&B is very knowledgeable and experienced in working with all types of governmental entities, our primary focus has been public school accounting. Our staff members have been invited to speak at functions such as meetings of CNY Association of School Business Officials, the CNY Association of School Boards, and the CNY Institute of Internal Auditors.

To us, our clients are far more than clients: they are our partners. Therefore, we strive to keep them apprised of best practices, industry trends and developments, and changes in standards and regulations through our niche-specific seminars and mailings. And to ensure that it is a two-way conversation, our partners reach out to our clients often, so that we can understand the specific challenges they face and how DB&B can be of most help.

For more information on DB&B's Governmental & School Districts Services, email info@dbbllc.com or call Brian DuMond at 315.471.9171.

Public Authorities in New York State

Dermody, Burke & Brown has been providing accounting, auditing, and advisory services to a wide range of clients for over 50 years. We have developed a team of professionals who specialize in serving NYS public authorities. With our expertise, team approach and commitment to client service, you can be assured of quality and timeliness in all of the services we perform for you.

Services:

• A wide variety of audits, including financial statements; Yellow Book; employee benefit plans; OMB Circular A-133 and OMB Circular A-87;
• Internal audit, internal control assessment, remediation, documentation, and testing;
• Auditing vendors for performance and billing;
• IT risk management and IT-related compliance activities
• Fraud, waste and abuse studies.