A) Auditing and Taxation Services to Fund Accounting Industries

a) Verification of trading reports, portfolio reports, security pricing, and gains/losses for Fund of Funds.
b) Verification of gains, losses, expenses (e.g., Broker Interest, Bond Interest, Income from Securities).
c) Verification of Subscription and Redemption documents, Capital Call Notices, investor documentation, side letters (Management and Incentive Fee rates), commitments, and subscription amounts as per accounting records.
d) Calculation of roll-ups, incentive, management fees, carried interest due to/from affiliates, and organizational costs per offering documents.
e) Invoice verification (accrual, payment, and unpaid balances), SAFE, and SAFT agreements with the Investment Schedule..
f) Fraud Verification and knowledge about admin’s accounting process.
g) Auditing of Financial Statements as per US GAAP, IFRS and other accounting industries.
h) Documentation of working papers.
i) Condensed schedule of investments as per Level Classification ASC 820.
j) Review and recommendations for improving accounting processes.
k) Examination and evaluation of control and risk management systems across operations.
l) Evaluation of adherence to approved policies and procedures.
m) Assessment of existing policies and procedures and recommendations for improvement.
n) Compliance services, including CIMA FAR Forms and BVI Commission MFAR Forms.
o) Other related services

B) Accounting and Bookkeeping of Transaction of Various Industries. (US, UK, Australia and other clients)

a) Expense and Income recording and classification.
b) Bank and Credit Card Reconciliation.
c) Unaudited accounting reports such as Trial Balance, Balance sheet, Income Statements and chart of accounts.
d) Accounts payable and accounts receivable management.
e) Monitor and record credit card and petty cash transactions.
f) Recording of Investor’s transactions.
g) Maintain accurate financial records for clients including general ledger entries, accounts payable and receivable.
h) Double Entry Accounting.
i) Year End Accounting and general ledger accounting entries.
j) Experience in using software Quick books, Xero, Tally ERP and others.

C) Internal Auditing and Taxation Services to various Industries

a) Internal Control effectiveness and Efficiency
b) Identifying variances through auditing procedures
c) Understandable Audit Reports with the numbers and facts
d) Explaining the facts to management and discussion on periodically basis
e) Conclusion of Audit with actions taken on audit queries identified in previous audits.

D) Payroll services to USA, UK, Australian clients and employee expenses reports

E) Investor Audit Confirmation and accounting

a) Verification of Net Assets and AUM of Investor/Fund with administrative accounting reports.
b) Capital balance (Invested, commitment, and unfunded amounts).
c) Ownership percentage.
d) Liquidity terms and lock-up period.
e) Investor activity (subscriptions, redemptions, and transfers) with relevant documents.
f) Verification of investor balances with capital account statements.
g) Other related service.

F) Financial Statements as per US GAAP and IFRS

a) Statement of Assets and Liabilities/ Statement of Financial Position.
b) Statement of Operations/ Statements of Comprehensive Income.
c) Statements of Change in net assets.
d) Statement of Cash Flows.
e) Notes to Accounts.

G) Other Services

a) Verification of Investor’s AML and KYC
b) Recording of Investor’s Data and Transactions such as Subscription, Redemption and Transfer Activities.
c) Income Tax Returns
d) Providing all the services to outsourcing entities.