You need an audit firm that understands the pressures
on government financial officers ... is well-versed in complex requirements …
and will be your trusted resource in meeting demands for fiscal accountability.
Your next audit firm should be a strategic partner whose
knowledge, instincts and responsiveness will help you satisfy the growing
demands of regulators, policymakers and the public.
The Walker & Armstrong Difference
We do not simply help you comply.
We help you succeed.
Walker & Armstrong was established in 1971 on a
simple premise: To help our clients enhance their success and achieve their
goals. The importance of delivering uncompromising client service – as you
define it – and exceeding your expectations is instilled at all levels of our
firm, and it is fundamental to our core values of:
The Walker & Armstrong Difference is
evident to the hundreds of public officials, public administration staff,
organization leaders and business executives with whom we have served as
partners in planning and progress.
We Honor Our Commitments. Walker & Armstrong
professionals understand the frustration and risk stemming from missed deadlines
and broken promises. That is why, at every step in the process, from staffing
your engagement and calendaring our target dates to delivering the finished
product, our focus is on meeting your expectations for timeliness and accuracy.
We Make Government Our Business. We are a leader in
our understanding of governmental accounting and financial reporting standards.
Our work often includes performing assessments of existing accounting systems
and identifying changes in policies, procedures and accounting structures
necessary for successful conformance with the standards. Our service team is
dedicated to actively researching various elements of governmental accounting
and staying abreast of emerging developments.
As a firm, we have more than three decades of
experience providing assistance in (a) the preparation of financial statements
in conformity with financial reporting requirements of the Government Finance
Officers Association’s certificate of achievement in financial reporting (CAFR)
and (b) performing compliance auditing under Title 2, U.S. CFR Part 200, Uniform
Guidance and preceding regulations under OMB Circulars A-128 and A-133.
We Are Easy to Work With. You will appreciate our
experience with government entities, our consistency in staffing from year to
year, and our emphasis on careful planning, hands-on partner involvement and
effective communication. Our ability to anticipate the course of your engagement
protects you from unwanted surprises and unnecessary disruptions to your
We Add Value to Your Department. Walker & Armstrong
is a leader in providing training and guidance relating to financial matters,
including implementation of new accounting pronouncements, providing guidance
with systems documentation and policies and procedures, and implementing best
practices to governmental entities.
Our four-decade tradition of austerity in managing
our firm has consistently yielded savings that benefit our clients. Our fee
structure is competitive with firms of comparable quality; we are faithful to
our quoted fees; and we are vigilant in seeking opportunities to add value to
our services and to your department.
Backed by our extensive resources and network of
technical experts, we add value to many of our government clients by advising
them in areas such as:
We Look Out for Your Interests. In addition to
offering technical expertise, research tools and other resources that rival the
qualities of a national firm, we are alert to emerging regulatory requirements
and opportunities for administrative improvements.
Walker & Armstrong is a
member of the APICAL Governmental Audit Quality Control Center.
We Help You Fulfill Your Mission. Your relationship
with Walker & Armstrong means far more than mere compliance with complicated
reporting and regulatory requirements. We carefully tailor our services to your
mission, objectives, service needs and constituents, and everything we do for
you is shaped by our “big picture” understanding of what you are striving to
Your next audit firm should be Walker & Armstrong.
A Three-Decade Tradition of Service to Government Entities
Walker & Armstrong is a leader in providing mandated and
value-added professional services to local governments, federal agencies and
quasi-governmental entities, including several of Arizona’s largest and most
complex government agencies.
We enjoy long-standing professional relationships
Native American communities
Flood control districts
Water and irrigation districts
Special assessment districts
We closely monitor government-specific accounting and
compliance reporting requirements, including the Government Accounting Standards
Board, Government Finance Officers Association (GFOA) and the U.S. Office of
Management and Budget. In addition, we have over 30 years of experience in
performing audits in accordance with the Single Audit Act, as amended.
See Article: Compliance Auditing and Preparation for Single Audit
Pre-Audit. By paving the way for your annual audit, an
pre-audit facilitates a smoother, quicker, less disruptive and less expensive
We oversee the preparation for the annual audits of county, municipal and tribal
governments. Our valuable “pre-audit” services, which make up the first step in
the process of an audit, include project management and staff training in audit
During a pre-audit, we assist our clients in the preparation of audit schedules
and supporting documentation necessary to facilitate a more timely and efficient
audit process. We also will prepare financial statements and supporting
Audit. Walker & Armstrong audits are conducted in accordance with U.S.
Generally Accepted Auditing Standards (GAAP) and Generally Accepted Government Auditing Standards
(GAGAS) issued by the Comptroller General of the United States. We will include tests of
your accounting records and other procedures we consider necessary to enable us
to express an opinion that your financial statements are fairly
presented, in all material respects, in conformity with U.S. GAAP.
In addition, we assist in the preparation of financial statements and review
your comprehensive annual financial report, including providing comments and
suggestions regarding compliance and reporting requirements.
Where applicable, we issue reports on our governmental clients’ compliance and on
internal control over financial reporting based on an audit of the financial
statements performed in accordance with Government Auditing Standards and other
reports required by the American Institute of Certified Public Accountants. In
addition, we perform agreed-upon procedure engagements, including those required
by the Arizona Supreme Court (MAS audits).
Article: Internal Control Considerations for Not-for-Profits
Accounting and Advisory. We provide accounting and consulting services to our
non-attest clients, including audit and financial statement preparation.
Forensic Accounting and Financial Investigations. Government entities
call on Walker & Armstrong to ensure the integrity of their
internal controls, investigate suspected fraud or misappropriation of funds, and
produce reports on matters of interest to regulators and stakeholders.
Peer Review. The quality of Walker & Armstrong’s services is affirmed by
unqualified opinions rendered by independent CPAs on the firm’s last eight peer