Our client’s need
A special government district was established to provide oversight and monitoring of a new major league ballpark. As a new unit of government, they required an accounting team with deep government specialization to get the organization up and running for the $400 million project.
Baker Tilly solution
Initially, Baker Tilly’s state and local government specialists set up the chart of accounts, drafted policies and procedures manuals, established processes and controls over the monthly accounting process, assisted in preparing annual budgets, analyzed unique accounting situations, and prepared for the year-end audit. Today, Baker Tilly professionals continue providing outsourced accounting services, including: accounting reconciliations, treasurer’s reports, IRS Form 1099 preparation, and year-end audit preparation, including financial statement preparation.
Results
With the help of Baker Tilly’s outsourced accounting services, the district has received unqualified or unmodified audit opinions since its inception. The district also benefits from Baker Tilly’s robust accounting systems, team scalability, and service continuity, even when the district experiences personnel changes.
For more information on this topic, or to learn how Baker Tilly state and local government specialists can help, contact our team.