Watershed is a CPA firm for small governments, special districts, and non-profits. We help with your books, your board reporting, your audits, and provide the kind of senior financial advice that larger organizations get from a full-time CFO.
Watershed helps governments like yours get their books in shape — and keep them that way. Sometimes that means preparing for an audit. Sometimes it's clearing a backlog. Sometimes it's answering hard questions from the board. Sometimes it's helping new finance leadership get up to speed. Sometimes it's just wanting a fresh set of eyes on the books.
Our work is steady and step-by-step. We look at where you are, do what needs doing, put in place systems that work month after month, and then hand things back to your team — or keep running them ourselves if that's easier. Either way, you end up with clean books, clear answers and a real picture of where your finances stand.
Start with one. Add another later. Use all three. We keep the paperwork simple: one agreement about how we work together, then a short document for whichever service you want first.
A senior finance partner — someone to think through the harder questions with you. We usually start by fixing what needs fixing and getting systems running smoothly. Then we shift to being on call for the budget, cash, and strategy questions that come up. The expertise, without the payroll burden of a full-time hire.
We handle the monthly work — closing the books, reconciling accounts, preparing the board packet, working through the budget, keeping grant records straight. Done remotely. You keep control of signing and approving; we do the accounting.
We prepare your annual and interim financial statements — the ones your auditors, board, and the state expect to see. Done right for how your books are actually kept.
We work with a specific type of client: small governments, special districts, and non-profits. Government finances have their own rules, their own audit expectations, and their own reporting standards — this is what we do all day.
Working together is simple. One agreement covers how we work with each other. Then a short document for whichever service you want us to start with. Need to change something or add a service later? A quick update, not a full redo.
You'll be working with a CPA who talks like you do, works alongside you, and brings the expertise and resourcefulness that small governments need — not a firm passing you between partners you'll never meet.
Questions about what we do, what it costs, or whether we'd be a good fit? Send an email or give us a call. We respond within two business days.
Based in the Mile High City (Denver) — focused on your needs, wherever you are.