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THALES CONSULTING
SOLUTIONS FOR GOVERNMENT
Consulting services & software for local government financial reporting.
Who we are
Founded in 2002, Thales Consulting Inc. creates software and provides consulting related to local government financial reporting. The Reporting Solution (TRS) streamlines the preparation of financial reports through collaboration and efficient reporting processes.
We collaborate cost-effectively with over 200 clients across 22 states because all aspects of our services, from set-up to training to maintenance, can be completed remotely.
mission statement
Our mission is to identify, develop, and implement projects desired by local governments, provide economies of scale, and increase a government’s ability to be responsible to their constituents.
who is thales?
Among a host of other achievements, Thales of Miletus is thought to be the founder of natural philosophy and the developer of the scientific method. It could be argued that his achievements are unparalleled because he single-handedly initiated the first western enlightenment.
The Reporting Solution
Annual Comprehensive Financial Report (ACFR)
Currently, over 90 local governments use The Reporting Solution (TRS) to create their annual report. TRS was designed to streamline the production of the annual report. Having the entire document centrally located eliminates version control issues, and being web-based improves collaboration, which clients say provides the flexibility to add more resources to meet their deadlines.
Since many of us are now teleworking we can no longer yell across the hall for help from our coworkers. As a result, we have created a support forum for TRS users to better communicate with one another.
The forum provides another way to support users. Users from different governments can now interact, share tips, discuss approaches to GASB pronouncements, and interact with the TRS support team. Within the forum, users can easily navigate to find answers to old questions they have asked without digging through old emails. Users can search through categories relevant to their questions to possibly find them already answered.
This forum is for TRS users only. Since it is private users must create an account to access any of the information.
California State Controller Services
We compile over 15% of California's Cities Financial Transactions Reports annually. Additionally, we compile Street and Special District Reports for California municipalities.
Budget
TRS budget solution is currently being piloted in a handful of governments. In addition to the proprietary software used for the ACFR, the budget solution includes an additional feature called Data Financials. Contact us if you are interested in learning more about this pilot.
Stay Connected
Updates
Connect with us on LinkedIn. This will keep you up to date on the conferences and events we are attending.
FORVIS Certified Implementors
FORVIS is the only certified implementor of The Reporting Solution (TRS). FORVIS can help entities with Annual Comprehensive Financial Report preparation. They also offer a review of the entity’s Annual Comprehensive Financial Report, help resolve identified discrepancies, and reduce exceptions when reports are returned and submitted to the Government Finance Officers Association (GFOA) for the Certificate of Achievement for Excellence in Financial Reporting.
Get In touch
Leave us a message
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info@thales-consulting.com
(906) 273-2880
