Fund Accounting

Ensuring Accurate Financial Management

Fund Accounting ensures meticulous tracking of all financial transactions, guaranteeing that your financial records are always precise and compliant with regulatory standards and represent adequately a fund’s portfolio, being it composed by listed securities, money market instruments or complex private structures and financial instruments.

Service Description

Comprehensive Accounting Solutions

Leveraging on extensive expertise, advanced technology and best-in-class operational processes, our approach allows the detailed management of all financial activities within your fund, ensuring that statements are accurate, timely, and fully compliant with industry regulations, for both liquid and illiquid investment funds. Adepa’s method maintains the integrity of your financial records while offering transparency and assurance to managers, investors and regulators.

Main Features

Maximizing Financial Integrity through Expert Fund Accounting

Our Fund Accounting service ensures precise and transparent financial records. From comprehensive bookkeeping to accurate NAV calculations, we manage all essential accounting tasks to ensure compliance with industry standards and provide fund managers with reliable data for informed decision-making.

Comprehensive bookkeeping

We meticulously manage all financial records, ensuring a detailed and accurate account of every financial transaction within your fund. Our services adhere strictly to the fund’s governing documents, promoting complete financial transparency.

Reconciliation of bank accounts and fund positions

We consistently reconcile bank accounts and fund positions to verify entries and ensure that records are always up-to-date, complying with all regulatory requirements.

Calculation of Net Asset Value (NAV)

Our precise NAV calculations ensure that every aspect of your portfolio is considered, delivering a value that reflects the fund’s true market worth. This guarantees confidence in your fund’s financial standing for stakeholders.

Monitoring and reporting on fund expenses

We continuously monitor fund-related expenses, providing detailed reports to ensure that every transaction is accounted for. This helps fund managers make informed decisions and maintain compliance with regulatory standards.

Process and Metodology

Streamlining Fund Accounting with Precision and Efficiency

At Adepa, our robust process ensures that fund accounting is handled with meticulous care, adhering to regulatory standards while providing transparency and accuracy in all financial records. Our methodology is designed to facilitate clear and actionable insights for fund managers, ensuring seamless reconciliation, reporting, and compliance across all aspects of the accounting process.

We systematically reconcile and verify all expense and income accruals, ensuring accurate reporting and timely updates of financial records.

Record Expense and Income Accruals

We closely monitor all equity securities for cash dividends, corporate actions, and any capital changes, ensuring that all transactions are reflected correctly in the fund's records.

Monitor Equity Securities

Our team maintains comprehensive books and records of the fund in strict accordance with governing documents. This includes bookkeeping for all security transactions and updating investor subscriptions and redemptions.

Maintain Fund Books and Records

We review and reconcile positions between brokers and custodians, ensuring all discrepancies are addressed promptly.

Reconcile Broker and Custody Statements

Our service includes detailed reconciliation between the fund’s underlying structures, ensuring accuracy in complex financial frameworks.

Reconcile Underlying Structures

We ensure timely and secure transmission of all portfolio and accounting records to the client, facilitating transparency and informed decision-making.

Transmit Portfolio Records

Our team accurately calculates management fees, investment fees, advisory fees, and performance fees, ensuring compliance with agreements and regulatory frameworks.

Calculate Management and Performance Fees

We deliver precise calculations of the fund’s NAV, providing stakeholders with confidence in the fund’s financial standing and market value.

Calculate Net Asset Value (NAV)

BENEFITS

Key Benefits of Our Fund Accounting Services

We guarantee full compliance with accounting standards, maintaining accuracy and alignment with all regulatory requirements.

Ensures Compliance

Our transparent processes instill confidence in investors, ensuring clarity and integrity in all financial reporting.

Builds Investor Trust

Accurate, timely financial information supports better decision-making for fund managers, empowering data-driven strategies.

Informed Decision-Making

By handling all critical accounting tasks, we significantly reduce the administrative workload for fund managers, freeing time for strategic activities.

Reduces Administrative Work

Discover the Adepa Difference

Adepa offers a multi-level integration approach, ensuring high-quality operations tailored to various portfolio types. This, combined with a dedicated ClientLeader for personalized service, sets Adepa apart. Connect with us today to see how our expert team, cutting-edge technology and efficiently designed processes can help elevate your business.