Financial Audit Services to Municipal Utility Districts In Houston By CPA Firm

Nov 16, 2017

Doran & Johnston PLLC announced they are extending their audit services to include Municipal Districts. Brendan Doran, CPA, the firm's managing partner releases details of the firm's new venture. More information can be found at http://www.doranjohnston.com/.

Stafford, United States - November 15, 2017 /PressCable/ —

Earlier today Doran & Johnston PLLC announced they are extending their audit services to include Municipal Districts. Brendan Doran, CPA, the firm’s managing partner releases details of the firm’s new venture.

The Texas Commission on Environmental Control (TCEQ) manages fifteen different types of districts including, Drainage Districts, Fresh Water Supply Districts, Municipal Utilities Districts, Levee Improvement Districts, Special Utility District, Water Control & Improvement Districts, and Municipal Management Districts as just a few examples. Each of these districts were set up to serve a specific purpose for the individuals and businesses in the immediate areas and most of these districts were given the authority to levy taxes, issue bonds and to carry out the specific purpose for which it was created. There are over twelve hundred districts in the State of Texas with a vast majority located in the greater Houston area. The Texas Water Code requires each district, with some exceptions, to have their year-end financial reports prepared in accordance with Generally Accepted Accounting Principles and then audited by independent Certified Public Accountant (CPA) each year and for those audit reports to be made available to the public.

A financial audit provides the highest level of assurance by a CPA, who reviews on a test basis, evidence supporting the amounts and disclosures in the financial statements; therefore, an audit involves judgment about the number of transactions to be examined and the areas to be tested. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. Auditors plan and perform audits to obtain reasonable, but not absolute, assurance about whether the financial statements are free of material misstatement.

Brendan Doran, CPA, when asked about the firm’s extension of audit services into Municipal Districts said:

“Municipal Districts are a big part of the greater Houston areas. I am currently in my third term as a Director of Fort Bend Municipal Utilities District (MUD) # 41 and as a result am very knowledgeable about the MUD industry. As long as the water flows when you turn on your taps and it goes away when they flush the toilet people generally don’t think too much of their MUD, except maybe when they have to pay their MUD taxes, but MUDs and other special districts are very important to the Greater Houston area and I think a lot more people found that out after Hurricane Harvey came through this year. Our firm has been part of Houston for over seventy-four years and as a native Houstonian we want to do our part to make Houston Strong. We want to help the taxpayers and residents of each District to have faith in their locally elected officials and faith in the financial reports they publish.”

This is the latest offering from Doran & Johnston PLLC and Brendan Doran, CPA is particularly excited about this extension of their audit services, as they are uniquely qualified to provide the highest quality of service on the market and within the greater Houston area. For over 74 years Doran & Johnston PLLC has been providing accounting services to individuals, businesses, non-profits and municipalities throughout the greater Houston area.

Those interested in learning more about Doran & Johnston PLLC and their audit services to Municipal Districts can do so on the website at http://www.doranjohnston.com/

Contact Info:
Name: Brendan Doran
Organization: Doran & Johnston PLLC
Address: 10701 Corporate Dr #238, Stafford, TX 77477, United States
Phone: +1-281-240-5700

For more information, please visit http://www.doranjohnston.com

Source: PressCable

Release ID: 265235

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