Dufresne & Associates, CPA, PA was established by Linda W. Dufresne, CPA on September 9, 1993. Since its inception, the firm has focused its services in the practice areas of governmental and not-for-profit accounting and auditing, and municipal bond services including arbitrage rebate and cash flow verifications, serving clients primarily in the State of Florida, but also throughout the United States.
Collectively our team has over fifty years of service with the firm and over sixty total years of service in public accounting. Staff continuity provides our clients with consistency of service by the highly experienced personnel.
The firm is certified as an MBE with the State of Florida.
Special districts, municipalities, housing finance authorities, community redevelopment agencies, charter schools and not-for-profit entities are included in our audit client base. We serve or have served as auditors for the City of Neptune Beach, Housing Finance Authority of Pinellas County, Housing Finance Authority of Polk County, Boynton Beach Community Redevelopment Agency, Town of Orange Park, City of Flagler Beach, New Outlook I and II, Inc. (HUD projects), and First Coast Technical College (A Charter School). Other attest services include compilations for the Housing Finance Authority of Broward County and agreed-upon procedures for JAXPORT.
Our sister company, GNP Services, CPA, PA provides the Bond and Cash Flow Verification services described below. Arbitrage rebate clients include Housing Finance Authorities of Orange, Pinellas, Miami-Dade, Duval and Escambia Counties, JEA, the City of Jacksonville Beach, FSU International Programs Association, Inc., and many others. Municipalities, special districts, health care facilities, housing finance authorities and many other types of organizations are included in our arbitrage rebate client base. We have experience with all types of issues from the straightforward “vanilla” fixed rate financing to the cutting edge variable rate and SWAP transactions, refunding issues involving transferred proceeds and issues subject to the universal cap.
Cash flow verifications
Our firm has provided cash flow verification services for many entities, including JEA, Reedy Creek Improvement District, Tampa Bay Water Authority, the City of Orlando, and the Orange County Expressway Authority. The bond issue sizes include financings in the hundreds of millions. We have experience with all types of structures, from the simple to the very complex.
MBE certification with many governmental entities allows our clients who so desire to meet contract or policy requirements for utilization of MBE firms. We have assisted Ernst & Young, KPMG and PriceWaterhouseCoopers as the MBE participant on the audits of the City of Jacksonville, Duval County School Board, Jacksonville Transportation Authority, JAXPORT, JEA, and SAS 79 audits for the state lotteries of Florida, New Jersey, Pennsylvania and Indiana.