Electric Utilities

Contact

For over fifty years, Purvis, Gray and Company 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. We have a core competence in governmental utilities of all types, including electric, gas, water, wastewater, stormwater, sanitation, and landfills.

The following is a list of some of the standard services we provide:

  • 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 - Parity 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

Our Quality Commitment

AICPA - Governmental Audit Quality Center

As a member of the American Institute of CPAs Governmental Audit Quality Center, we are committed to adhering to the highest quality standards by voluntarily agreeing to the Center membership requirements, which include designating partners responsible for the quality of our governmental audit practice, establishing quality control programs, performing annual internal inspection procedures, and making our peer review report findings publicly available.

Click here to review our most recent peer review report.

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