![]() ![]() To ensure further accountability for ratepayers, WVWD has also arranged for The Pun Group to render several additional reports. The CAFR includes introductory, financial, required supplementary and statistical sections. After the audit is complete a Compressive Annual Financial Report (CAFR) is prepared to document the audited results. The audit includes a review all of the WVWD financial activities for compliance with Generally Accepted Accounting Principles (GAAP) in accordance with standards established by the Governmental Accounting Standards Board (GASB). WVWD conducts an annual audit of the organization’s financial activities. SARC is a resource library and trade association of professionals focused on improving the efficiency and quality of single audit engagements. In 2018, The Pun Group received the Single Audit Resource Center’s (SARC) Award for Excellence in Knowledge, Value and Overall Client Satisfaction in 2018, which is given to audit firms that provide outstanding service, based on client reviews. The firm maintains offices in Orange County, Bay Area, San Diego, Las Vegas and Phoenix and serves industries and governments throughout California, Nevada and Arizona. I am confident they will hold our board, management and staff accountable for our ratepayers.”īased in Orange County, The Pun Group is a full-service certified public accounting firm that provides accounting, auditing, tax and advisory services to public agencies as well as private sector companies. ![]() The Pun Group is highly respected and an award-winning auditing firm. Michael Taylor stated, “We are committed to protecting our ratepayers by ensuring our Water District remains fiscally responsible and in compliance with all requirements. This includes the WVWD’s approximately $30 million operating budget and $13 million capital improvement budget, which fund water services for 31 square miles within Counties of San Bernardino and Riverside through approximately 23,000 water service connections.ĭirector Dr. ![]() The firm is charged with providing an opinion on WVWD financial statements and keeping board members and management updated with best practices and new developments affecting special district accounting and reporting policies. WVWD selected The Pun Group to audit the agency’s financial statements for the fiscal years ending June 30, 2020, Jand June 30, 2022. I look forward to making the final report available to our ratepayers for their review.” Clifford Young stated, “This is an additional step we are taking in our reform measures by making certain we seek competitive proposals from well-qualified and experienced firms. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.Īs a matter of policy, BBB does not endorse any product, service or business.In an effort to continue improving and providing better transparency and accountability for ratepayers, the West Valley Water District (WVWD) Board of Directors approved the selection of The Pun Group, LLP as a certified public accountant to audit its finances and ensure compliance for the next three fiscal years.ĭirector Dr. BBB Business Profiles are subject to change at any time. When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.īBB Business Profiles generally cover a three-year reporting period. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. BBB Business Profiles may not be reproduced for sales or promotional purposes.īBB Business Profiles are provided solely to assist you in exercising your own best judgment. ![]()
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