Measurable Results

Measurable Results

Rockford MetroCentre Logo
Client Rockford MetroCentre
Profile

The Rockford MetroCentre is a large venue that plays host to numerous concerts, sporting events, comedy shows and family entertainment. It is also home of the American Hockey League’s “Rockford IceHogs” and the Continental Indoor Football League’s “Rock River Raptors.”

Success Story

“I’ve worked on the other side of the table, as an auditor for one of the big accounting firms. An auditor needs to understand the client and the client’s accounting needs first. If you understand how the client is different, you can focus your energy on the unusual transactions, where the risks are higher."

“Our SVA auditors follow auditing standards, but they understand us, their audit procedures are a better fit for our industry. The public gets better information."

“I tell professional advisors, ‘You need to be six months ahead of me. When you’re reading the Wall Street Journal in the morning and you see something that is going to affect me, call me.’ SVA does that. They understand what we do and they look out for us.”

Brian McMahon, Director of Finance

Start of Client Quote

Public arena scores a $23 million goal

A large public venue was seeking funding for a major expansion.  The venue’s management retained SVA Certified Public Accountants to assist in preparing for negotiations with the city and other public funding sources. 

SVA helped the client by negotiating and assisting in preparation of the documentation requirements of the funding sources and defining future reporting. 

Bottom line:  With SVA’s guidance, the venue benefited from $23 million in city bond proceeds, without leveraging the venue itself. The proceeds were used to purchase a hockey franchise and renovate the venue. 

End of Client Quote

Public Venue