• Accounting, Consulting & Audit Services
    for Non-Profits, Government Agencies
    & Corporations

State & Local Government

Long Island Financial Management Services can provide you with state, city and local government audit and advisory services.

Long Island Financial Management Services provides professional services to state agencies and public authorities, city and local governments. We provide financial, performance and compliance audits, agreed upon procedures, cost reduction and transformation studies, public sector consulting and consolidation reviews, internal auditing and project management support.

We make it a priority to build strong client relationships and are here to help state, city and local government agencies meet their goals, set-asides and budget requirements. We require continuing education, resulting in our staff being up-to-date with changes in generally accepted accounting principles, regulatory requirements and government accounting systems. In addition to providing services directly to government agencies, we are available to subcontract with prime contractors. As a woman owned (WBE) firm certified at the NYS and federal level, we are always interested in large project teaming opportunities with primary bidders. We are certified by:

  • New York State
  • New York City
  • Port Authority of NY & NJ
  • Nassau & Suffolk Counties
  • Commonwealths of Pennsylvania and Massachusetts
  • State of New Jersey
  • Certified as a Women’s Business Enterprise (WBE) by the Women Presidents’ Educational Organization, a regional certifying partner of the Women’s Business Enterprise National Council (WBENC)
  • New Jersey & New York State Unified Certification Program as a Disadvantaged Business Enterprise (DBE)

NAICS Codes

541211: Certified Accountants Offices
541219: Other Accounting Services
541611: Administrative Management & General Management Consulting Services
541618: Other Management Consulting

NYS ESD Codes

I-0036-Auditing Service
I-0066- Bookkeeping and Billing
I-0086-Business Consultants
I-0476- Payroll Accounting Service
I-0993-Certified Public Accountant
I-2691-Auditing (Risk Management)

Our firm performs audit and attest engagements for state and local governments in conformance with U.S. Generally Accepted Auditing Standards (GAAS) promulgated by the American Institute of Certified Public Accountants (AICPA) and Government Auditing Standards (GAS). When teaming with primary bidders we can:

  • Prepare audit plans and programs
  • Assist in audit approach decisions and conclusions
  • Supervise associate audit staff
  • Participate in client face to face meetings
  • Perform engagement-wide testing and tasks
  • Prepare audit management, administrative and concluding documents
  • Senior/Manager level of review of audit procedures performed
  • Appropriate follow up on Manager/Partner review comments

As an AICPA Peer Reviewed accounting firm and NYSSCPA member, we are committed to adhering to the highest quality standards. All work is supervised by NYS licensed CPA’s, and we take pride in our cutting-edge technology. LIFMS has an established track record and history of providing accounting services to the state, city and local governments and our team has gained comprehensive knowledge of the regulations, requirements, and unique needs of public sector clients.

As a woman owned business enterprise (WBE), we are always interested in large project teaming opportunities with primary bidders.

 
    • WBENC - Certified Women-Owned Business
    • DBE Certified - Disadvantaged Business Enterprise
    • AICPA
    • SBA WOSB
    • NYS CPAs
    • QuickBooks Certified
    • QuickBooks Online Certified