Client Accounting Services for Government
Timely Bank Reconciliation
Maintaining timely bank reconciliations is critical to the fiscal health of government agencies. While many governments have the skills to perform this function, falling behind can be costly and challenging to rectify. UHY professionals can assist with catching up on back reconciliations and ensuring ongoing accuracy and timeliness.
Government Treasury Management Solutions
Effectively managing government cash flows is a time-intensive task for public-sector accounting leaders. If your government does not currently maintain a detailed historical cash flow analysis (at least monthly, but ideally weekly), UHY accounting consultants can provide the expertise needed to streamline government treasury management and enhance financial decision-making.
Grants Management Services
The size and complexity of government grants have increased significantly since the COVID-19 pandemic. UHY professionals can support your team by preparing financial and non-financial grant reports, ensuring compliance with federal and state grant requirements, and assisting with grant reimbursement requests to improve cash flow.
Strategic Budget Development
The annual government budget development process is time-consuming and often adds to an employee’s daily responsibilities. A fresh perspective can be invaluable in today’s fiscal climate. UHY professionals can supplement your existing resources, offering expertise to refine and enhance your government budget process.
Monthly Financial Reporting
Many government accounting systems make it difficult to extract and present data in a meaningful way. UHY professionals have extensive experience with various public-sector financial software systems. They can generate clear, concise monthly financial reports and dashboards, saving staff valuable time and improving government financial management.
Government Audit Support
The annual government audit process is complex and often adds to the workload of government accounting departments. UHY professionals stay up to date with government audit requirements, assisting with financial report preparation, audit schedules, and ongoing audit support to ensure government financial compliance and efficiency.
Contract Monitoring and Spending Oversight
Managing government spending and contract monitoring are essential for controlling costs. Government accounting officials often take on this responsibility in addition to their core duties. UHY government financial consultants can monitor government contracts, ensuring fiscal responsibility and efficiency.