Professionally prepared statements for small businesses.
As an alternative to our Compilation services, AsuraTrust offers financial statement preparation services for those businesses that need clear and concise financial statements to better understand their company’s performance without the need for a formal Compilation Report.
Whether you need financials prepared for internal decision making or for a third-party, we deliver timely, cost-effective financial statements that are professionally prepared and formatted. AsuraTrust is a CPA Firm based in Tampa, Florida, preparing financial statements for businesses in the Tampa area and beyond.
Need clear, professionally formatted financial statements without a formal report? Our Firm is here to help. Schedule a consultation today.
What to expect from the engagement.
Value
More cost-effective than a financial statement compilation.
Use case
Suitable for internal use or select third-party purposes.
Standards
Presented in accordance with the applicable financial reporting framework (GAAP, cash-basis, etc.).
Note
No accountant’s report is required or issued.
Who relies on prepared statements.
Owners & management
Professionally prepared financial statements give owners and management a clear, organized view of results — supporting internal decision making, budgeting, and planning.
Companies without a full accounting function
For businesses that keep their own records but lack the time or resources to produce formal statements, a preparation engagement delivers professionally formatted financial statements — timely and cost-effectively.
Third parties that don’t require a report
Some third parties simply need clear, professionally prepared financial statements without an accountant’s report. A preparation engagement meets these select purposes cost-effectively.
Similar, but different options.
PreparationNo assurance is provided — preparation is a nonattest service performed without a report.
CompilationNo assurance is expressed — but the statements are accompanied by a formal Compilation Report.
PreparationFinancial statements are prepared from the records management provides, without procedures to verify the underlying information.
CompilationManagement-provided information is compiled into financial statement form, and the statements are read for appropriate form and obvious material misstatement.
PreparationNo accountant’s report is required or issued — each page of the financial statements notes that no assurance is provided.
CompilationA Compilation Report identifying the financial statements and stating that no opinion or assurance is expressed.
PreparationManagement needs timely, cost-effective financial statements for internal use or select third-party purposes.
CompilationA lender or other third party wants the financial statements accompanied by a CPA’s report.
Need the accountant’s report included? Learn more about our financial statement compilations.
Considering preparation services?
Connect with us to discuss how our services can provide the support you need.
Schedule a Consultation