KMAAG Audit Services – Manhattan (KS)

Municipalities in and around Manhattan and throughout the State of Kansas are responsible for managing the public’s funds. Because of this duty, an audit of your financial records is an important part of a government’s annual operations.

The audit report provides elected officials and taxpayers with the opportunity to gain a better understanding of the whole picture of the municipality’s financial position including receipts, expenditures and unencumbered cash.

Through the audit and report delivery process, you are provided assurance that the financial statement provided is free of material misstatements and confidence that the internal control structure of the government is effective and working efficiently.

Municipalities can choose whether to follow the regulatory basis of accounting under the  Kansas Municipal Audit and Accounting Guide (KMAAG) or to use Generally Accepted Accounting Principles (GAAP). Whichever route you choose comes with different challenges and opportunities. For this reason, it is important to work with an experienced auditor familiar with your preferred basis of accounting who can guide you through the audit process.

KMAAG & GAAP Audit Experience – Manhattan (KS)

Adams Brown, Strategic Allies and CPAs, has significant experience assisting local government entities in Kansas. Our team members understand the nuances of KMAAG and GAAP requirements and provide the guidance and support to ensure your municipality’s financial statements are properly prepared with the latest standards. Combining practical experience and technical expertise allows us to deliver a value-driven client experience year after year.

 

Offering Kansas governmental audit and budgeting services to:

  • Cities
  • Counties
  • Libraries
  • Recreation commissions
  • Rural water districts
  • Cemeteries
  • Schools
  • Townships

Manhattan Business Community

The business community in Manhattan, Kansas, is closely tied to its identity as a college town, with Kansas State University playing a central role in the local economy. The university is not only the largest employer in the area but also a driving force behind research, innovation, and workforce development. This has attracted businesses in the fields of technology, bioscience, and engineering, particularly those looking to collaborate with the university or tap into its talent pool.

Agriculture and agribusiness are significant components of the economy, reflecting the region’s agricultural heritage and Kansas State University’s strong agricultural programs. Companies involved in agricultural research, processing, and equipment are prominent, benefiting from the university’s expertise and resources.