A Four-Decade Tradition of Service to Government Entities
Walker & Armstrong is a leader in providing mandated and value-added professional services to local governments, Tribes, federal agencies and quasi-governmental entities, including several of Arizona’s largest and most complex government agencies.
We enjoy long-standing professional relationships with:
We Make Government Our Business
As a firm, we have more than three decades of experience providing assistance in (a) the preparation of financial statements in conformity with financial reporting requirements of the Government Finance Officers Association’s certificate of achievement in financial reporting and (b) performing compliance auditing under Title 2, U.S. CFR Part 200, Uniform Guidance and preceding regulations under OMB Circulars A-128 and A-133.
We closely monitor government-specific accounting and compliance reporting requirements, including the Governmental Accounting Standards Board (GASB), Government Finance Officers Association (GFOA) and the U.S. Office of Management and Budget. In addition, we have over 35 years of experience in performing audits in accordance with the Single Audit Act, as amended.
Our work often includes performing assessments of existing accounting systems and identifying changes in policies, procedures and accounting structures necessary for successful conformance with the standards. Our service team is dedicated to actively researching various elements of governmental accounting and staying abreast of emerging developments.
Essential Services
Pre-Audit.
By paving the way for your annual audit, an efficient pre-audit facilitates a smoother, quicker, less disruptive and less expensive annual audit.
We oversee the preparation for the annual audits of county, municipal and tribal governments. Our valuable “pre-audit” services, which make up the first step in the process of an audit, include project management and staff training in audit preparation.
During a pre-audit, we assist our clients in the preparation of audit schedules and supporting documentation necessary to facilitate a more timely and efficient audit process. We also will prepare financial statements and supporting schedules.
Audit. Walker & Armstrong audits are conducted in accordance with U.S. Generally Accepted Auditing Standards (GAAP) and Generally Accepted Government Auditing Standards (GAGAS) issued by the Comptroller General of the United States. We will include tests of your accounting records and other procedures we consider necessary to enable us to express an opinion that your financial statements are fairly presented, in all material respects, in conformity with U.S. GAAP.
In addition, we assist in the preparation of financial statements and review your comprehensive annual financial report, including providing comments and suggestions regarding compliance and reporting requirements.
Where applicable, we issue reports on our governmental clients’ compliance and on internal control over financial reporting based on an audit of the financial statements performed in accordance with Government Auditing Standards and other reports required by the American Institute of Certified Public Accountants. In addition, we perform agreed-upon procedure engagements, including those required by the Arizona Supreme Court (MAS audits).
Accounting and Advisory.
We provide accounting and consulting services to our non-attest clients, including pre-audit services and financial statement preparation.
Forensic Accounting and Financial Investigations.
Government entities call on Walker & Armstrong to ensure the integrity of their internal controls, investigate suspected fraud or misappropriation of funds, and produce reports on matters of interest to regulators and stakeholders.
Peer Review.
The quality of Walker & Armstrong’s services is affirmed by unqualified opinions rendered by independent CPAs on the firm’s last eight peer reviews.
