Practice Groups

At Berman Hopkins our team of experts are dedicated to industry-specific niches. This uniquely empowers us to assist clients with their specialized matters. Because our staff is trained in specific practice groups, we can ensure that the team assigned to your project will be the best at understanding the intricacies of your business needs and will provide you with quality solutions.

Manufacturing

Berman Hopkins takes the time to understand your business through on-site one-on-one meetings, in-depth discussions and research. We then build a strong strategy tailored to the specific manufacturing/distribution environment through solid financial and tax advice and application of current financial and tax regulations.

Services include:

  • Audits, reviews and compilations

  • Sales tax exemptions on equipment and electricity

  • Multi-state tax issues

  • R&D tax credit

  • 401K audits

  • Cost segregation studies

  • IC DISC

  • Cost accounting

  • Industry benchmarking

  • Internal control review

  • Merger and acquisition sales service

  • Assistance with obtaining financing

  • Succession planning

  • Retirement plan consulting

 

Charter Schools

Berman Hopkins has a thorough understanding of governmental reporting requirements as well as state statutes governing charter schools. We understand the diverse factors that determine your nonprofit organization’s success and its ability to continue to serve the community.

Services include:

  • Preparing financial statements in accordance with GAAP and GASB

  • Program cost reports as required by FDOE

  • Charter review process

  • Bookkeeping and accounting services

  • Familiarity with reporting requirements to school districts

  • Compliance with rules of the Auditor General of the State of Florida, Chapter 10.850

  • OMB A-133 Singe Audit

  • Florida Single Audit Act

  • Federal and state grants

  • Improving financial systems and management information systems

  • Non-profit status application with Internal Revenue Service

  • US annual information tax return (Form 990)

  • Serving as board member for Charter Schools

 

Government Contractors

Berman Hopkins’ Government Contractor Group provides advice from basic accounting systems to reviewing and developing FAR-compliant cost systems. These valuable consultants regularly become an integral part of our government contractor financial teams.  Our practice group includes DCAA expertise with industry experience from small and large government contractors providing business solutions beyond normal compliance requirements.

Services include:

  • Audits, reviews and compilations

  • FAR-compliant cost pool and indirect rate audits

  • Defense and Space sales tax exemptions

  • Assistance with cost proposals

  • Preparation for DCAA accounting system review

  • Representation with DCAA

  • Cost allocation systems

  • Industry benchmarking

  • Internal control review

  • Merger and acquisition sales service

  • Succession planning

  • Retirement plan consulting

  • Assistance with obtaining financing

  • Support related to SBA special

Construction

Berman Hopkins’ Contractors Group provides contractor clients with the most current financial and tax strategies specifically designed for the construction industry. We connect our clients with resources including:

  • Bonding agents

  • Construction attorneys

  • Contractor professionals

In addition, we attend national conferences and contractor association meetings. We also meet regularly to discuss new developments within the industry.

Services include:

  • Audits, reviews and compilations

  • Cash flow analysis

  • Succession planning

  • Look-back calculations

  • Special tax elections

  • Industry benchmarking

  • Internal control review

  • Merger and acquisition sales service

  • Assistance with obtaining financing

  • Retirement plan consulting

 

Public Housing Authorities

Berman Hopkins’ Public Housing Authority Group provides quality work, products and services.  Our strategic plan focuses on staff continuity, timely service, responsiveness, dependability and year-round availability.

Services include:

  • Project-based asset management

  • REAC, FDS, online submission

  • PHAS and SEMAP compliance testing

  • Yellow Book and Single Audit

  • Current on HUD notices and guidelines

  • Federal and state grants

  • Component Units and related entities

  • Tax credits and cost certifications

  • Business activities

  • Fraud and agreed-upon procedures

  • ARRA – Stimulus Grants

 

Government Entities + Municipalities

Berman Hopkins’ Government Team is proud of our grounded understanding of government processes, accounting policies, internal controls and financial statement reporting disclosures. Because our team of professionals remains current on key issues, accounting and auditing principles, and governmental rules and regulations, our comprehensive governmental auditing experience and education is, and will continue to be, outstanding.

Our commitment to providing high-quality audits has resulted in helping clients become more:

  • Efficient – At managing their resources, even with the added stress of shrinking resources

  • Control Conscious – With a focus on mitigating risks

  • Technically Aware – Of proposed and implemented guidance under FASB, GASB and IASB

  • Compliant – With regulatory agencies affecting their industries

We have vast experience with the Federal and Florida Single Audit Acts and the provisions of OMB Circulars A-133, A-102 and A-87. We are a member of the Government Audit Quality Center of the AICPA and the FICPA State and Local Government Committee.

We invite our clients to attend our annual continuing education program for government accounting and auditing as part of this process for technical updates.

Non-Profit

Berman Hopkins understands the diverse factors that determine your nonprofit organization’s success and its ability to continue to serve the community. With extensive experience in nonprofit sector audit, accounting and management consulting, Berman Hopkins’ Non-profit Team can help you achieve more.

Services include:

  • Nonprofit organization standards review and reporting

  • Audits and reporting requirements including OMB

  • A-133

  • Nonprofit tax and related reporting issues

  • Grant administration and compliance

  • Internal financial systems and controls

  • Strategic plan and budget development assistance

  • Budget and cash flow projections

 

Sec

Dealing with the SEC can be a difficult proposition. Berman Hopkins’ SEC Practice Group will work with you and your staff to ensure compliance to SEC requirements and regulations.

Services include:

  • Sarbanes-Oxley compliance

  • Assistance with 10K/10Q/8K filings

  • Tax planning and compliance – local, state, U.S. and international

  • Development of internal control systems, procedures and monitoring

  • Business valuations

  • Industry benchmarking

  • Internal control review

  • Merger and acquisition sales service

  • Assistance with obtaining financing

  • Succession planning

  • Retirement plan consulting

We also support your efforts in mergers, acquisitions and recapitalization.