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

State & Local Government Services

Long Island Financial Management Services provides professional services to agencies of New York State, New York 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.  In addition to providing services directly to government agencies, we are available to subcontract with prime contractors. As a woman owned (WBE) firm certified by the entities below, we are always interested in large project teaming opportunities with primary bidders.

  • New York State
  • New York City
  • Port Authority of NY & NJ
  • Nassau & Suffolk Counties
  • Commonwealths of Pennsylvania and Massachusetts
  • State of New Jersey
  • New Jersey and New York State Unified Certification Program as a Disadvantaged Business Enterprise (DBE)

Additionally, LIFMS is certified as a WBE by Women’s Business Enterprise by the Women Presidents’ Educational Organization, a regional certifying partner of the Women’s Business Enterprise National Council (WBENC). Many states, cities, and public sector entities across the United States accept WBENC Certification.

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).

Benefits of Working With LIFMS

We are a small and experienced with the deep capabilities of a large firm.  We have experience in government work and are knowledgeable in government accounting systems.  All this translates into cost savings and excellent service for our firm clients and bidding partners.

When teaming with primary bidders we can:

  • Prepare audit plans and programs
  • Supervise junior audit staff
  • Schedule client face to face meetings
  • Perform engagement-wide testing and tasks
  • Prepare audit management, administrative and concluding documents
  • Prepare and follow up on review notes
  • Assist in audit approach decisions and conclusions

Capability Statement

Click here to see our Capability Statement.

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