KMAAG Audit Services – Dodge City (KS)

Municipalities in and around Dodge City 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 – Dodge City (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

Dodge City Business Community

Dodge City, located in southwestern Kansas, has a business community deeply rooted in its historical significance as a frontier town and cattle industry hub. The economy is largely driven by agriculture, particularly cattle ranching and meatpacking, which remains a dominant industry. Dodge City hosts some of the largest meatpacking facilities in the country, providing substantial employment and supporting a network of related businesses such as transportation, feed production, and agricultural services.

There has been a push to diversify the economy in recent years, with growth in sectors like healthcare, education, and retail. The city also benefits from its tourism industry, with its rich Western heritage attracting visitors to its historic sites and events. Small businesses, often family-owned, play a crucial role in the local economy, particularly in the downtown area, which has seen efforts to revitalize and attract new enterprises. Dodge City’s business community is characterized by a blend of traditional agricultural roots and an evolving focus on modern industries, supported by a strong sense of local identity and history.