Williston Park, NY - May 19, 2016 - Nassau Suffolk Water Commissioners’ Association (NSWCA), which is comprised of commissioners from 21 water districts across Long Island, recently held a special information session led by guest speakers Joseph C. Ferreira and Thomas J. Ruggiero, Partners at Hauppauge-based Albrecht, Viggiano, Zureck & Company, P.C. (AVZ) Certified Public Accountants, addressed the Commissioners on the topic of “NYS Comptroller Audits.”
Hosted by Albertson Water District Commissioners Howard Abbondondelo, Richard Ockovic and Kenneth Vey, the session’s focus was on the constitutional and statutory objectives of auditing. “The difference between independent audits and comptroller audits includes scope and materiality,” stated Mr. Ferreira. “Being thoroughly prepared includes operational and control considerations, especially internal operations, as well as compliance with New York State general municipal law and their own internal policies and procedures.”
Mr. Ruggiero added, “There is a distinct need to have policies for traditional topics such as purchasing, investments, and fixed assets. In today’s world, IT, disaster recovery and business continuity must also have policies in place.”
NSWCA President Raymond Averna of Massapequa Water District commented, ““The subsequent hands on Q&A session brought deeper discussion of several interrelated topics, including the Top 10 internal controls, and delved into important governance issues that concern all member water district commissioners. Mr. Ferreira and Mr. Ruggiero graciously enlightened us with their expertise and insights.”
A Hofstra graduate, Mr. Ferreira of Smithtown, NY is a member of the American Institute of CPAs (AICPA), the NYS Society of CPAs (NYSSCPA) and past-chairperson of the Real Estate/Construction Committee for the Suffolk Chapter of NYSSCPA.
Mr. Ruggiero of Port Jefferson Station, NY is a Dowling College graduate who is a member of the American Institute of CPAs (AICPA), the NYS Society of CPAs (NYSSCPA), The NYS Government Finance Officers’ Association (NYSGFOA), the NYS Association of School Business Officials (NYSSASBO), the NYS Conference of Mayors (NYCOM), and the NYS American Council of Engineering Companies of New York (ACECNY).
Organized and chartered in 1981, Nassau Suffolk Water Commissioners’ Association (NSWCA) is comprised of water commissioners from 21 Nassau and Suffolk County water districts. NSWCA is dedicated to promoting environmental excellence and best practices as well as maintaining the highest standards of water quality and supply. NSWCA sponsors regular educational meetings on topics that include the environment, security, economics, rules and regulations, among other related issues.
One of Long Island’s largest certified public accounting firms, Albrecht, Viggiano, Zureck & Company, P.C. provides a wide range of financial, accounting, auditing, tax and consulting services to clients and has done so for over 65 years.