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Audit services for private equity firms

Tackling today’s auditing, financial and reporting challenges

Private equity firms – both their funds and portfolio companies – are being impacted by the multitude of changes to the infancial and reporting environment. With growing complexities in general and specifically for private equity, it is critical that you have clarity on how to interpret and implement these accounting changes.

We approach our audit offerings as a service for the benefit of all of your organization's stakeholders. Our audit services are designed to ensure quality, clarity and efficiency in financial reporting and enhance and simplify your financial functions.

Audit services for private equity funds

  • Fund organization and structuring
  • Valuations and FAS 157/ASC 820
  • Management fees, including deferrals and waivers
  • Income, loss and carried interest allocations
  • Distribution computations
  • Internal rate of return (IRR) computations
  • Financial statement preparation and disclosures
  • Specialized private equity services for SBICs and BDCs
  • Custody audits

Audit services for private equity portfolio companies

  • Annual audit
  • Global audit management
  • Complete audit of “closing balance sheet” prior to acquisition
  • Complete audit of “opening balance sheet” and audit procedures for the next year-end audit
  • Accounting assistance including acquisition accounting, lease accounting, variable Interest Entities (VIE), share-based compensation arrangements (ASC 718)
  • Working capital services
  • Covenant negative assurance reviews
  • Inventory observations

Private equity insights

INSIGHT ARTICLE

Improving business with value creation: A PE portfolio company profile

How FFL Partners developed and executed a plan to improve a business facing a highly challenging but opportune market.

INSIGHT ARTICLE

2018 Operating Partners Yearbook: Best practices for PE value creation

The 2018 Operating Partners Yearbook features insights from private equity portfolio company experts on value-creation.

VIDEO

Create high-impact returns for portfolio companies

Gavin Backos, management consulting director, explains the importance of investing in integrated technology to advance portfolio growth.

  • Gavin Backos

INSIGHT ARTICLE

Optimizing private equity carve-outs for growth

To maximize shareholder value for carve-outs, private equity firms need to break free of transition services agreements as soon as possible.

INSIGHT ARTICLE

2017 Operating Partners Yearbook: Operating partners dig deeper

The 2017 Yearbook features insights from portfolio operations professionals on successfully managing private equity investments.


HOW CAN WE HELP YOU?

To discuss how our team can help you solve your issues and address your business concerns, contact us by phone 800.274.3978 or submit your questions, comments or proposal requests.