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Public Sector Overview


View the Public Sector Industry Economic Outlook

RubinBrown is a recognized leader in providing services to public sector organizations. Through our extensive list of clients we serve, as well as our involvement in associations and professional organizations at the local, regional and national levels, we understand the issues unique to state and local governments.

RubinBrown’s commitment to quality is demonstrated through our membership in the AICPA Governmental Audit Quality Center. This firm-based voluntary membership center is designed to help CPAs meet the challenges of performing quality audits in the unique and complex public sector industry.

The Public Sector Services Group provides services to a broad spectrum of government organizations, including city and county governments, institutions of higher education, local public school districts, state governments and political districts such as public libraries, municipal utility districts and fire districts.

Our public sector team includes experienced professionals all of whom are well trained in the financial reporting and audit requirements as promulgated in:

  • Government Accounting Standards Board
  • Government Audit Standards, issued by the Comptroller General of the United States
  • Single Audit Act Amendments of 1996 and OMB's Uniform Guidance

Industry Involvement

RubinBrown is committed to staying active within the industry, which helps us remain current on all new issues.

We are active members and frequent speakers at the national and regional Government Finance Officers Association (GFOA) chapters.

Our staff are associate members of the national GFOA, including the Special Review Committee of the Certificate of Achievement for Excellence in Financial Reporting Program, the Association of Government Accountants and special industry related committees of the American Institute of Certified Public Accountants.

2016 Public Sector Stats2017 Public Sector Stats

This analysis has been created in order to provide a comprehensive report of key government-wide, governmental and general fund financial statistics for the regions we serve so that cities may compare how they are doing relative to other municipal governments in their region and identify trends occurring in their communities.

This study includes results for municipalities in the St. Louis, Kansas City and Denver metropolitan areas. Additionally, cities throughout the state of Tennessee have been included in our survey.

Click here to view the 2017 Public Sector Stats

Assurance & Accounting Services

  • Financial statement audits
  • Single audits of federal financial assistance under OMB's Uniform Guidance
  • GFOA Certificate of Achievement for Excellence in Financial Reporting Program expertise
  • Program and performance audits
  • Agreed-upon procedures
  • Forensic auditing
  • Accounting, bookkeeping and internal financial reporting assistance

Consulting Services

  • Internal auditing
  • Internal control and operational reviews/efficiency analysis
  • Cyber security consulting
  • Accounting policy and procedure manuals
  • Financial analysis and review
  • Benchmarking
  • Technology analysis and implementation

RubinBrown also is equipped to help public sector clients with technology consulting, fringe benefit consulting and retirement plan administration and placement of temporary and permanent accounting, bookkeeping and financial personnel.

09/13/2017

Focus on Public Sector and Not-For-Profits: 2017 Compliance Supplement


On August 14, 2017, the Office of Management and Budget (OMB) announced the release of the 2017 OMB Compliance Supplement. The compliance supplement contains the policies and procedures required to be followed by federal, state and local entities in regards to expending federal funding and the procedures required to be performed by auditors when conducting the single audit over these federal programs.

05/17/2017

Focus on Public Sector, Not-For-Profit and Colleges & Universities: Extension of Grace Period for Uniform Guidance Procurement Rules


On May 17, 2017, the Office of Management and Budget (OMB) published a notice in the Federal Register which provides an additional one-year extension of the grace period permitting recipients of federal funds to delay implementation of the procurement requirements found in the OMB’s Uniform Guidance.

05/10/2017

Focus on Public Sector and Colleges & Universities: Time to Plan for Recently Issued GASB Statements


In early 2017, the Governmental Accounting Standards Board (GASB) issued two new accounting standards in order to clarify how governmental entities report fiduciary activities and to address various miscellaneous accounting issues related to blending component units, goodwill, fair value measurement and postemployment benefits.

All Public Sector News

We have compiled online resources that may be helpful to you or your business. You may wish to bookmark this page for future reference.

Government Accountability Office

The Government Accountability Office is the investigative arm of Congress. GAO exists to support the Congress in meeting its Constitutional responsibilities and to help improve the performance and ensure the accountability of the federal government for the American people. GAO examines the use of public funds, evaluates federal programs and activities, and provides analyses, options, recommendations and other assistance to help the Congress make effective oversight, policy and funding decisions.

Governmental Accounting Standards Board

The mission of the Governmental Accounting Standards Board is to establish and improve standards of state and local governmental accounting and financial reporting that will result in useful information for users of financial reports and guide and educate the public, including issuers, auditors and users of those financial reports. This site is a useful resource to keep up to date on governmental accounting and financial reporting issues.

Government Finance Officers Association

The Government Finance Officers Association of the United States and Canada is the premier association of public-sector finance professionals and is dedicated to providing high-quality support to state and local governments. Its site offers services and information related to topics such as software, finance forum, public policy statements, recommended practices, training and financial system links.

Office of Management and Budget

The Office of Management and Budget (OMB) within the U.S. government provides many resources to find information on financial programs. The site offers information on topics such as budgets, grants management, financial management, legislation and procurement policy.