New Challenges for Keeping Public Money Safe
Banks are backing away from providing the collateral that governments demand for public deposits. But there are alternatives that can mitigate risk.
Frederick G. Lantz is partner-in-charge for government services for Sikich LLP, an accounting, advisory, technology and managed-services firm. A Certified Public Accountant, Lantz is responsible for providing technical services to Sikich's clients in governmental accounting, auditing, financial reporting, budget development, revenue and expenditure forecasting, and cash and debt management.
Before joining Sikich, Lantz served as the assistant director for the Technical Services Center of the Government Finance Officers Association of the United States and Canada, where he was responsible for managing the Certificate of Achievement for Excellence in Financial Reporting Program; providing accounting, auditing and financial reporting assistance to state and local government officials and their auditors; and serving as a liaison to the Governmental Accounting Standards Board.
A graduate of the Advanced Government Finance Institute at the University of Wisconsin at Madison, he holds a bachelor's degree in accounting from Northern Illinois University.