Details

FAA & Associates LLP delivers accurate and timely Net Asset Values (NAVs) through comprehensive fund accounting services that span a broad array of investment strategies and financial instruments.

Utilizing top-tier technology platforms, we maintain detailed accounting records for hedge funds, ensuring precise and prompt NAV calculations. Our core services include:

Valuation of investment holdings using reliable, independent market data

Management of corporate actions and maintenance of security master files

Reconciliation of cash flows, positions, and transactions with prime brokers, custodians, fund managers, and other counterparties

Independent verification of private asset existence

Calculation of management and performance fees, along with equalization adjustments

Creation of tailored analytical reports

Preparation of financial statements and support during audits through detailed accounting records and schedules

Accurate computation of NAVs

Our client-focused approach is anchored in strong partnerships and exceptional service. A dedicated team of qualified accountants—many of whom have experience with leading accounting and consulting firms—stay current with evolving financial reporting standards and regulatory requirements through ongoing professional development.