The operating arena for the public service entity is understandably sensitive to the overall economic and political environment. At JPS, this practice sector includes local governmental units, charitable and civic organizations, educational foundations, community foundations, trade associations and more. Normally governed by volunteer or elected boards, these organizations are often faced with complex compliance requirements related to their organizational structure, funding source agreements and financing arrangements.

Services include:

• Assurance services, including compilations, reviews and audits of financial statements
• Evaluation of reporting requirements of funding sources
• Internal controls review
• Implementation of new accounting standards
• Technology services, including systems evaluation and development
• Agreed-upon procedures applied to specific operational element
• Forecasting and budgeting
• Review of financing options, including tax-exempt bond considerations
• Initial application and on-going compliance for non-profit status
• Investment management considerations
• Changes in regulatory environment (including UPMIFA)
• Policies and procedures development

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