Arbitrage for Governmental Entities

The federal government has imposed complex rules to restrict the use of tax-exempt financing. Their principal purpose is to eliminate any significant arbitrage incentives in a tax-exempt issue. We have determined the applicability of these requirements and performed the rebate calculations for more than 150 bond issues, including both fixed and variable rate bonds.

For more information about our Governmental Audit Services, please contact us

Management Consulting

In addition to auditing services, Grau & Associates also provides management consulting services. Our services have been consistently utilized by Governmental and Non‐Profit entities throughout Florida. Examples of consulting engagements include:

  • Accounting systems
  • Development of budgets
  • Organizational structures
  • Financing alternatives
  • Fixed asset records
  • Cost reimbursement
  • Indirect cost allocation
  • Grant administration and compliance