American Water

This utility company in the process of going public required an overhaul and total review of all their fixed assets.

Relevante professionals traced, verified & updated more than $1 Billion in fixed asset records in the new Fixed Asset System; new processes were documented; the client accounting staff was properly trained; the system sub-ledger agreed to the GL and was reconciled regularly thereafter, resulting in faster closing each month and timely and accurate filing of related tax returns.