Our Company

Lumbard & Associates, PLLC was founded on February 1, 1993, and incorporated in 2001. The Firm serves clients throughout Arizona from its centrally located, downtown Phoenix office. Lisa B. Lumbard, C.P.A., C.G.F.M., as Principal, leads a team of highly skilled professionals with over 100 years of combined experience. The professional staff consists of Lisa B. Lumbard, C.P.A., C.G.F.M., Principal/Managing Member, Carlos E. Valdivia C.P.A., Jake Litwiller, Jeffrey D. Cosper, and Maria G. Ward, with Stephanie Canez as support staff.
The Firm serves clients with varying levels of complexity from compilations for small businesses to audits for grass roots not-for-profit organizations operated primarily by volunteers to highly complex multi-program consolidated statements with 10 or more related entities. Governmental clients range from single-purpose local governments to municipalities with multiple enterprise funds, program funds, fiduciary funds and multiple related entities reported as blended or discretely presented component units. Most clients are required to have their audits performed in accordance with Government Auditing Standards and many must also comply with the Single Audit Act for federal expenditures in excess of $500,000 with their Organization’s federal expenditures in excess of $12,000,000.

In accordance with the Firm's policy and Government Auditing Standards (issued by the Comptroller General of the United States) all staff members are required to meet the continuing education requirements. The requirements include 80 hours every two years with at least 24 hours in subjects directly related to the government environment and to government auditing. Because the Firm specializes in governmental and non-profit audits, the majority of the staff’s continuing education hours are in related topics.