Business Details
36 Years
experience
Certified Public and Municipal Accountants in New Jersey
Established in 1990, our firm specializes in providing accounting and advisory services tailored to governmental and nonprofit entities. With a team of approximately forty professionals, including fourteen Certified Public Accountants and seven Registered Municipal Accountants, we maintain a client-focused approach rooted in deep expertise and continuous professional development. Our services adhere to stringent auditing standards, including Government Auditing Standards and IRS regulations, ensuring comprehensive compliance for clients. We actively participate in complex financial transactions and have earned recognition for excellence in governmental financial reporting through awards from the Government Finance Officers Association and Association of School Business Officials International.Our commitment to quality is reinforced through triennial peer reviews and active membership in leading professional organizations such as the American Institute of Certified Public Accountants. We pride ourselves on delivering timely, in-depth support across diverse areas including grant compliance, redevelopment projects, labor negotiations, and financial policy development.
Services
Annual Financial Audits
Single Audits
Federal Grant Compliance
Budget Preparation
Expert Testimony
Redevelopment Financing
Financial Policy Development
Cost-Benefit Analysis
Annual Comprehensive Financial Reports
IRS Arbitrage Calculations
Details
- Year established: 1990
Highlights and features
- We have over 30 years of experience serving governmental and nonprofit entities.
- Our team includes 14 Certified Public Accountants with specialized government auditing training.
- We maintain rigorous compliance with Government Auditing Standards and IRS regulations.
- All staff complete mandatory 24-hour biennial government auditing education requirements.
- We received unqualified opinions in all triennial peer reviews since 1990.
Associations and certifications
- American Institute of Certified Public Accountants
Services
Annual Financial Audits
Our firm conducts comprehensive annual financial audits for municipalities, school districts, and government agencies. We adhere to Government Auditing Standards and GASB requirements while providing actionable insights. Our CPAs ensure compliance with state and federal regulations through detailed examination of financial statements and internal controls.
Federal Grant Compliance
We specialize in ensuring compliance with federal grant requirements under Uniform Guidance (OMB Circular 15-08). Our team verifies proper expenditure tracking and reporting for programs funded by state and federal grants. This includes Single Audit Act compliance for entities exceeding federal thresholds.
Redevelopment Financing
Our experts assist in structuring financial arrangements for public-private redevelopment projects throughout New Jersey. We analyze payment-in-lieu-of-tax (PILOT) agreements and evaluate complex contracts between governmental entities and developers to ensure fiscal responsibility and regulatory compliance.
Financial Policy Development
We help government agencies establish and implement effective accounting policies aligned with GASB 34 and other standards. Our services include designing internal controls, financial reporting frameworks, and compliance procedures tailored to municipal operations and school districts.
Annual Comprehensive Financial Reports
We prepare Annual Comprehensive Financial Reports meeting GFOA award program requirements. Our team ensures accurate presentation of government-wide financial statements, including popular annual financial reports that receive recognition for transparency and excellence.
People
Dieter P. Lerch
Managing Committee Partner
CPA and Registered Municipal Accountant with extensive experience in government auditing. Provides strategic leadership in financial compliance and reporting for public sector clients.
Gary J. Vinci
Managing Committee Partner
Certified Public Accountant specializing in municipal finance and grant compliance. Leads audit engagements for school districts and redevelopment agencies across New Jersey.
Jeffrey C. Bliss
Managing Committee Partner
Registered Municipal Accountant with expertise in public sector financial reporting. Focuses on GASB compliance and annual financial statement audits for government entities.
Paul J. Lerch
Managing Committee Partner
CPA experienced in governmental accounting standards and audit practices. Advises municipalities on financial policy development and compliance with state regulations.
Julius B. Consoni
Partner
Certified Public Accountant providing audit and consulting services to nonprofit organizations and public sector clients. Specializes in financial reporting and regulatory compliance matters.
Questions
What types of clients does Lerch, Vinci & Bliss serve?
We specialize in serving governmental entities and nonprofit organizations including municipalities, counties, school districts, and redevelopment agencies across New Jersey.
How long has the firm been in operation?
The firm was established in 1990 and has focused exclusively on government and nonprofit accounting services since its inception.
What certifications do your professionals hold?
Our team includes fourteen Certified Public Accountants and seven Registered Municipal Accountants who maintain specialized training in government auditing standards.
How does the firm ensure audit quality?
We undergo mandatory peer reviews every three years and maintain membership in professional organizations that require adherence to strict quality control standards.
Do you handle federal grant compliance audits?
Yes, we conduct Single Audits for entities receiving federal grants and ensure compliance with Uniform Guidance (OMB Circular 15-08) requirements.
Can you assist with redevelopment project financing?
Our team provides financial analysis for public-private redevelopment projects, including payment-in-lieu-of-tax studies and complex contract evaluations.
