Adams, Jenkins & Cheatham CPAs

AJC has built a strong reputation as one of the leading firms serving electric cooperatives across the nation, regardless of size, structure, or regulatory environment.

Our deep understanding of the electric cooperative industry, coupled with extensive experience, positions us as a trusted partner in helping cooperatives navigate the complex financial and regulatory landscape.

The firm brings extensive expertise in the latest trends and challenges within the utility industry, delivering high-quality assurance services, conducting in-depth internal control evaluations, and sharing insights at national conferences.  This deep industry knowledge is invaluable to electric cooperatives, enabling them to maintain financial stability, achieve regulatory compliance, and optimize operational efficiency.

Whether navigating RUS standards, managing subsidiary returns, assisting with NRECA agreed upon procedures for benefit plans or preparing for Single Audits, AJC delivers exceptional service and strategic guidance. Their unwavering commitment empowers electric cooperatives to thrive in an increasingly competitive and ever-evolving industry.

HERE IS JUST A SAMPLING OF SERVICES WE PROVIDE ON A REGULAR BASIS:

  • Audits, including single audits if necessary
  • RUS compliant audits
  • Employee benefit plan audits
  • Tax planning and preparation, especially related to new broadband issues
  • Nonmember and unrelated business income issues
  • Regulatory asset and liability considerations
  • Privatization issues, including military and municipals
  • Deferred compensation issues, both taxation and financial statement reporting
  • Ballot count verification for elections
  • Expert testimony for rate-related issues
  • Equity management
  • Board training
  • Review of internal controls
  • Solar projects and potential tax credits

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