The Overlooked Power of Compiled Statements and Custom Assurance

Not every business needs an audit. Some need reliable financial statements for internal planning or to meet simpler requirements. That’s where compiled financial statements come in. They’re not as involved as an audit or review, but they give you a clean, organized view of where you stand.

At JTS Associates, we handle all of this all the time. We ensure that your records are correctly compiled, formatted clearly, and valuable, not just something you hand off to a lender and hope for the best.

Personal Finances Need Structure Too

We also prepare personal financial statements for individuals managing multiple accounts, applying for loans, or seeking to gain a comprehensive understanding of their financial situation. It’s surprising how often people wing it with their personal finances until they need documentation. That’s where we step in.

Providing Clarity and Peace of Mind

Some clients come to us with one particular concern. Perhaps they want a third party to verify just one thing, such as how much revenue was generated from a specific contract or whether certain controls are being adhered to.

That’s where Agreed Upon Procedures make sense. It’s not a full review or audit, but it gives focused, professional confirmation on a single issue.

Whether you need a big-picture overview or a zoomed-in check on one item, we build our assurance services to fit.