top of page

ELECTRIC UTILITIES

For over fifty years, Purvis Gray has provided audit, accounting, and management services to Florida's electric utility industry including RUS Cooperatives, Municipal Electric systems, Utility Authorities and Joint Action Power Supply Entities.

 

Our core competencies are in governmental utilities of all types, including electric, gas, water, wastewater, stormwater, sanitation, and landfills.

Services

  • Financial Audits  I/A/W Yellow Book and Florida Auditor General Rules ​

  • Financial Audits  I/A/W Yellow Book and CFR 1773 (RUS Cooperatives)​

  • Federal and State Single Audits - All Programs including ARRA Funding​

  • GFOA CAFR Review and Preparation (SRC Review Committee Member) ​

  • Bond Issue Assistance - Party Certificates, Flow of Funds, Consent Letters​

  • Utility Accounting Consultation for: 

    • Utility Plant Including Special Equipment 

    • Nuclear Decommissioning Accruals and Funding

    • Fuel Adjustment and Bulk Power cost Adjustment Planning

    • Rate Sufficiency Reviews 

    • Natural Gas Hedging

    • Natural Gas Supply and Production Sharing Agreements

    • FAS No. 71  Implementation

    • Utility Billing System Reviews 

    • Assistance Implementing New FASB/GASB Standards

    • Gross Receipts and Sales Taxes ​

  • Client CPE ​

  • Computer Systems Evaluation ​

  • Internal Controls & Fraud Assessments ​

  • Management Studies ​

  • Grant Application Assistance ​

  • Tax Consultation - All Areas

bottom of page