School districts
Governmental audits for school districts. Discuss your district’s financial reporting needs and audit timetable.
HomeGovernmental audits
Umpqua Valley Financial LLCGovernmental and
Governmental and
Municipal Audit Services
At Umpqua Valley Financial LLC, we help governmental and public sector organizations meet their financial reporting and audit responsibilities. Our approach emphasizes careful planning, clear communication, and practical guidance for management and governing bodies.
We tailor each engagement to the organization’s operations, funding sources, and reporting requirements. Throughout the audit, our focus is on delivering a thorough assessment and useful recommendations that support reliable financial reporting and effective oversight.
Who we serveFour types of entities.
Four types of entities.
A focus on your needs.
Tell us about your organization, reporting period, and deadlines so we can discuss the appropriate scope of work.
Cities
Audit services for city governments. Bring your reporting requirements and key dates to an initial conversation.
Counties
Governmental audits for counties. Discuss your organization’s reporting responsibilities and engagement needs.
Special districts
Audit services for special districts. Start with the services your district provides and the reporting needs it must address.
01 / Municipal audits
Municipal Audits
Municipal organizations operate within a complex framework of accounting standards and regulatory requirements. Our audit approach addresses the requirements applicable to each engagement, which may include Oregon Revised Statutes, Minimum Standards for Audits of Oregon Municipal Corporations, Government Auditing Standards, and federal requirements.
Our municipal audit services may include:
- Audits of financial statements and related disclosures
- Testing and reporting on compliance with applicable requirements
- Evaluation of internal controls relevant to the audit
- Assessment of accounting practices and financial reporting procedures
- Recommendations to improve controls and financial processes
- Guidance on accounting, budgeting, and reporting questions throughout the year
- Communication of audit results to management and governing bodies
We work with your team to establish expectations, identify information needs early, and keep the engagement moving toward agreed reporting deadlines.
02 / Federal funding
Single Audits
Organizations that receive federal funding may be subject to additional audit and compliance requirements. Umpqua Valley Financial LLC provides Single Audit services designed to address the applicable provisions of the Single Audit Act and Uniform Guidance.
Depending on the engagement, our work may include:
- Audit procedures related to the Schedule of Expenditures of Federal Awards (SEFA)
- Identification and testing of major federal programs
- Evaluation of internal controls over compliance
- Testing compliance with applicable federal program requirements
- Reporting audit findings and questioned costs, when identified
- Issuing the reports required by Government Auditing Standards and Uniform Guidance
We plan our procedures around the organization’s federal awards, compliance responsibilities, and areas of audit risk.
03 / Financial reporting
GFOA Financial Reporting Support
Preparing financial reports for the Government Finance Officers Association’s Certificate of Achievement for Excellence in Financial Reporting program requires close attention to presentation and disclosure requirements.
We assist governmental organizations with accounting and financial reporting questions related to the program, including guidance on report organization, disclosures, and presentation considerations. Our goal is to help clients prepare clear, complete financial reports that support transparency and accountability.
04 / Our approach01 02 03 04 05
Our Municipal Audit Process
Planning and Coordination
We begin by developing an understanding of your organization, reviewing relevant changes, and establishing an engagement schedule. Our audit plan reflects applicable professional standards, regulatory requirements, and the circumstances of your entity.
Interim Procedures
When appropriate, we perform selected procedures before fiscal year-end. This work helps us evaluate financial processes, review internal controls, and communicate potential concerns early so management has time to respond.
Fieldwork and Testing
During fieldwork, we examine financial records and supporting documentation, test significant transactions and balances, assess relevant controls, and perform applicable compliance procedures. We also review financial statement presentation and disclosures.
Review and Communication
Before issuing our reports, we review the audit documentation, financial statements, and significant accounting matters. We discuss findings and recommendations with management and communicate engagement results to the governing body, as appropriate.
Completion and Ongoing Support
We work toward mutually established deadlines and keep your team informed of progress and outstanding items. Beyond the annual engagement, we remain available to discuss accounting, reporting, and internal control questions as they arise.
Umpqua Valley Financial LLC is committed to responsive service, clear communication, and audits that support sound financial stewardship.
Contact our CPA firm
Start with a conversation.
171 NE Exchange Ave, Roseburg, OR 97470