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Accounting Firm

GW & Associates

Audit and accounting firm serving local governments, executives and small businesses

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About GW & Associates

GW & Associates, P.C. is an accounting and audit practice in Chicago Heights, Illinois, with a second office in Hillside. The firm concentrates on audits and accounting for public bodies and for executives and business owners. It describes its team as experienced accountants and auditors who help clients manage complex and changing regulatory requirements.

Audits for government bodies

Public-sector work is the firm's specialty. It audits government bodies such as park districts, townships, municipalities and school districts, along with other public entities, and it says its partners have held key positions in municipal government, which informs how it approaches these clients. The firm carries out federal and state single audits, which are compliance audits for organizations that receive public money, and it also audits tax increment financing districts.

Financial statements, reviews and compliance

Beyond audits, GW offers financial statements, reviews and compilations for organizations that need accounts prepared to professional standards. The firm says it applies the requirements of Generally Accepted Government Auditing Standards to its government work, and it describes its reports as a means to improve compliance, organize data and support better financial decisions.

Outsourced finance and CFO support

Smaller organizations that cannot justify a full-time finance team can use GW's outsourced accounting service, which covers bookkeeping, payroll and internal controls. The firm also offers chief financial officer services, covering senior finance leadership. The firm's first step with any new client is to learn how that organization's finance procedures work, then review its reports, bookkeeping and company procedures before recommending improvements.

A tax center and client portal

The firm's website includes a tax center with tax due dates and reminders, tax rates, IRS forms and publications, a record retention guide, state tax forms and an online tax organizer. Clients can register for the firm's client portal. The firm is organized as a professional corporation (P.C.).

TrustList summary

GW & Associates is an accounting and audit practice that focuses on public-sector bodies and business owners. It handles annual financial and compliance audits, reviews and compilations, and also offers outsourced accounting for smaller firms.

Its partners have held roles in municipal government, which shapes how the firm approaches public-sector work. It begins each engagement by learning how the client's finance procedures operate.

Services

  • Federal and state single audits: compliance audits for bodies that receive public funding.
  • Tax increment financing district audits: audit work for these special districts.
  • Financial statements and reviews: audits, reviews and compilations of accounts.
  • CFO services: finance leadership for organisations without a full-time chief financial officer.
  • Small business and outsourced accounting: bookkeeping, payroll and internal controls support.
  • Tax centre: a client resource with tax due dates, forms and a record retention guide.

Who it works with

The firm assists municipalities, park districts, school districts, townships and other government entities, as well as executives and small businesses.

Key facts

  • Legal form: professional corporation (P.C.)
  • Specialism: government accounting and auditing
  • Approach: reviews financial reports, bookkeeping and procedures before recommending improvements

Summary written by TrustList from the business's own published information, Nov 2026.

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