New standards and increased reporting responsibilities have placed stringent requirements and demands on governments. These regulations have created the need for governments to employ professional firms specializing in providing a vast array of services for the governmental sector. With a dedicated team focused on providing auditing, accounting, financial reporting and consulting services to governmental entities throughout the Southeast, Mauldin & Jenkins is a recognized and proven leader.
OUR EXPERIENCE & GENERAL APPROACH
Mauldin & Jenkins currently serves over 480 state and local governmental units across the southeastern U.S.A. This includes large and small governmental units currently ranging from revenues of $750,000 to $4.5 billion. We have previously audited a large state entity with revenues of approximately $14 billion.
Our governmental sector is served by a large group of partners, directors, managers and other professional staff. Utilizing the skills and talents of almost 100 professionals in the governmental sector, we proactively respond to the needs and requests of our clients and meet their deadlines.
In the past 20 years, we have performed over 500 transitions as the new auditors of various governmental entities. Each member of our client services team offers a great deal of experience serving new clients and providing smooth transitions during a change in auditors. A key element of our services surrounds our ability to be responsive via open and ongoing dialogue and good working relationships. We take our experiences and tailor our approach to fit our governmental clients’ needs and expectations.
We pride ourselves in responding to the needs of our clients and meeting their deadlines. This responsiveness is not only the ability to meet specified audit deadlines but also the ability to respond to other requests. Our ability to be responsive is enhanced by the open communications and good working relationship we have with our clients. Our resources provide for the flexibility to meet your needs and to perform our services in an efficient and effective manner.
Our partners, managers, and seniors in the Firm’s Governmental Practice Division spend 100% of their time serving governments. By structuring the Firm’s Governmental Practice Division in such a manner, we are able to create efficiencies in the audit process which typically result in our total hours being significantly less than most other firms which results in substantially less burden and hassle to our clients.
ENTITIES WE SERVE
Mauldin & Jenkins serves a variety of state and local governmental entities throughout the Southeast, including:
- Cities
- Counties
- School Districts
- Charter Schools
- State Government Agencies, Authorities, Commissions & Depts.
- Federal Agencies
- Special Purpose Entities
- Water & Sewer Operations
- Gas & Electric Utilities
- Mass Transit Operations
- Airport / Aviation Operations
- Municipal Solid Waste Landfills
- Stormwater Operations
- Library Systems
- Community Services Boards
- Boards of Health
- Disability & Special Needs Entities
- Tax Allocation Districts
- Special Service Districts
- Industrial Authorities
- Development Authorities
- Planning Commissions
- Governmental Defined Benefit and
Contribution Plans - Governmental OPEB Plans
- Empowerment Zones
- Housing Authorities
- Public Facility Authorities
- Building Authorities
- Land Bank Authorities
- Mosquito Districts
- Recreation Authorities
- Convention & Visitors Bureaus
- Component Units
- Joint Ventures
ASSURANCE SERVICES
We serve a wide array of governmental units by performing various assurance services, including:
- Financial Audits
- Single Audits
- Forensic Audits
- Performance Audits
- Compliance Audits
- Information System Audits
- Agreed-upon Procedures
- Attestation of Management Assertions
- Landfill Assurance Services
- Bond Issuance Consent & Comfort Letters
One thing to note is the fact that Mauldin & Jenkins currently performs approximately 200 Federal Single Audits annually, and ranks as one of the largest provider of such attestation services in the country.
ADVISORY SERVICES
Our experienced government advisory team helps governments, governmental agencies and quasi-governmental organizations balance fiscal responsibility with the latest business strategies to achieve targeted and overarching objectives.
- Innovation
- Long-Term Planning
- Organizational Management
- Strategy Mapping
- Technology Consulting / ERP
- Operation Vision
- Business Case
Operational Efficiency & Effectiveness:
- Cost Containment
- Operations Improvement
- Program Delivery
- Revenue Enhancement
- Change Management & Organizational Transformation Strategies
- Customer Service Optimization
- Service Model Delivery
- Human Capital Management
- Budget Forecasting & Design
- Cost Accounting
- Data Science
- Grant Strategy
- Internal Controls & Compliance
- KPI Design / Benchmarking
- Project Management
- Management / Dashboard Reporting
INFORMATION TECHNOLOGY SERVICES
We are proud to be one of the few firms in the southeast to utilize an Artificial Intelligence tool - Ai Auditor by Mindbridge - as part of our audit process. This tool provides for a more effective audit. We also have resources to address the evolving cybersecurity threats to your government - having Certified Information Systems Auditors (CISA) on staff and are certified by the AICPA to provide cybersecurity advisory services and the newly created cybersecurity assessment. Specifically, information technology services we currently provide to governments include:
- Cybersecurity Assessments
- Cybersecurity Framework Assessments
- IT System Vulnerability Assessments
- IT Penetration Testing
SALT services
While most governmental entities have income tax exemptions, this is not always the case with state-administered taxes. State tax laws do not always differentiate between governments and other taxpayers. Because of this, governmental entities are sometimes subject to the same tax rules as businesses, meaning there may be withholding or sales tax implications for your governmental agency. Please click here to learn more about how our SALT practice can help you.
OTHER SERVICES
We provide many other services to the governmental sector not included under the umbrella of assurance of advisory. Such services are deemed to be value-added elements which can only be provided by a large team of professionals specializing in the serving governmental units. These services include:
- Comprehensive Annual Financial Report (CAFR) preparation
- Financial Statement Preparation
- Financial Reporting, Compilations, and Year-end Close-outs
- Education and Training at all Levels
- Budgetary Analysis
- Capital Asset Accounting and Reporting
- Arbitrage Tax Information
- Payroll Tax Services
On an annual basis, Mauldin & Jenkins serves over 130 governmental clients who prepare and receive the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting, and, or the Association of School Business Officials (ASBO) Certificate of Excellence in Financial Reporting.
QUARTERLY FREE EDUCATIONAL SERVICES
Since 2009, Mauldin & Jenkins has provided free continuing education to our governmental clients. These educational settings are provided on a quarterly basis at four (4) locations providing our clients the opportunity to register and receive approximately 30 hours of continuing education on an annual basis at no cost. We take our experience in serving governments and choose timely and relevant topics to provide ongoing education to our clients. Sessions are limited to clients only.
ACTIVE IN THE GOVERNMENTAL INDUSTRY
Mauldin & Jenkins is a dedicated service provider to the governmental sector. We have individuals who are active leaders in the industry and who represent the firm by serving on committees and boards of the American Institute of Certified Public Accountants (AICPA) including the Government Audit Quality Center, and various special task forces. We also have a current representative on the Government Accounting Standards Advisory Council (GASAC). We have people who voluntarily participate with the Government Finance Officers Association (GFOA) and the Government Accounting Standards Board. Some of our professionals volunteer to act as a reviewer of CAFR’s for the Certificate program of the GFOA. Finally, on an annual basis, we attend, participate, and/or speak at approximately 30 governmental conferences and conventions. Our dedication to serving the governmental sector is unquestionably at the highest level.
news
Click HERE to view our latest Webinar on Fiduciary Activities- GASB 84 | Presented by: Joel Black & James Bence
newsletters
September 2018: Procurement Requirements Now Effective for the Uniform Guidance (Including Recent Changes)
February 2019: Joel Black Named to the Government Auditing Standards Advisory Council (GASAC)
June 2019: The GDPR - A Year in Reflection
July 2019: GASB 91, Conduit Debt Obligations
August 2019: GASB 84, Fiduciary Activities
