Answering to the needs of the public while managing resources to provide best value is an every day challenge for governmental organizations. Along with the daily operations, changing pronouncements, regulations, increased oversight, and desire for transparency have added to the complexities of governmental financial statements. McGee, Hearne & Paiz, LLP has the expertise to assist you in these complex and challenging times.

Cities, Counties and School Districts

How do you add value with existing resources, while continuing to provide good stewardship of public assets and trust? We provide the following specialized services in order to allow you to focus your limited resources on serving the public well:

  • Bond issuance and defeasance
  • Review of fund accounting
  • Assistance with preparation of a Comprehensive Annual Financial Report (CAFR)
  • Budgeting
  • Review of internal controls
  • Benchmarking tools

Universities and Colleges

Higher education is a specialized industry, and the National Association of College and University Business Officers is currently developing a specific financial accounting and reporting manual. McGee, Hearne & Paiz, LLP has a subscription to the service and is knowledgeable on industry specific accounting topics, such as the Scholarship Allowance Calculation and Disclosure. Our understanding of the industry allows us to offer the following services:

  • Compliance audit of student financial aid
  • Review of cost allocation models to maximize grant funding
  • Training and education related to requirements under Uniform Grant Guidance, Yellow Book and generally accepted accounting principles
  • GASB pronouncement implementation
  • Sampling procedures for internal audit and use of computer-assisted techniques
  • Review of scholarship allowance calculation


In addition to the Firm's core tax and assurance compliance services, we also provide the following services that may be of value to governmental organizations:

  • Audits performed under Yellow Book and Uniform Grant Guidance
  • Program specific audits
  • Internal control reviews
  • Consultation on accounting treatments for newly issued accounting pronouncements
  • Forensic accounting related to fraud, waste, and abuse

Industry Involvement

  • Governmental Audit Quality Center (GAQC)
  • NACUBO Subscription to the Financial Accounting and Reporting Manual
  • Attendance at the Annual Student Financial Aid Conference
  • Wyoming Association of Municipalities

Contact Stephanie Pickering