Local Government Services

Hurst, Kelly & Company LLC is well-positioned to serve the accounting and consulting needs of your local government or political subdivision.                     

Hurst, Kelly & Company LLC has the experience and know-how to meet the needs of your entity.  The governmental accounting experience of the founding partners of Hurst, Kelly & Company (Mark Hurst, CPA and Jenna Kelly, CPA) includes:

  • Cities
  • Villages
  • Townships
  • Various other political subdivisions including special districts and county boards

Hurst, Kelly & Company LLC is very experienced in serving the needs of local governments and political subdivisions that prepare their financial statements on the accrual basis of accounting in accordance with GASB 34.

For these entities, reporting on the accrual basis, we offer as much or as little assistance as the entity desires and our level of service (and fees) will be tailored to meet the needs and objectives of the client.  In general, our services may include:

  • Complete preparation of the entity’s Comprehensive Annual Financial Report (CAFR)
  • Complete GAAP conversion with MD&A and budgetary comparison schedules
  • Consulting on a specific accrual, budgetary, compliance or disclosure matter

In addition to CAFR preparations and GAAP conversions, Hurst, Kelly & Company LLC specializes in consulting with local governments on other accounting and auditing matters.  These issues include, but are not limited to:

  • Reporting and disclosure requirements of recently issued pronouncements of the Governmental Accounting Standards Board (GASB)
  • Adopting the Ohio Auditor of State’s GASB 34 OCBOA reporting basis
  • Reporting on the Ohio Auditor of State’s Regulatory cash basis
  • Assisting local governments in resolving compliance (Ohio Revised Code) violations and other issues brought to the entity’s attention in connection with an audit
  • Assisting local governments with budgeting, including financial forecasting and cash flow analyses
  • Developing customized monthly financial reports to provide governing bodies with current, and easy to understand, financial information

As evidence of our firm’s commitment to bring the highest level of technical expertise to our clients, Mark Hurst serves as a Comprehensive Annual Financial Report reviewer for the National Government Finance Officers Association.  Routinely reviewing CAFR’s in connection with the National GFOA assists in keeping our firm up to date and well-versed in the types of accounting, auditing, reporting and compliance matters that local governments are facing.

We look forward to the opportunity to speak with about how we may be of assistance to you and your local government or political subdivision.

Contact Us today for assistance with your Government Entity's needs.