Decosimo Provides Leadership for Private Investment Fund Accounting & Auditing Forum in NYC
NEW YORK, NY (July 10, 2012)– Decosimo, a Top 100 accounting and business advisory firm, is providing support as the lead sponsor for the Private Investment Fund Accounting & Auditing Forum hosted by the Financial Research Associates (FRA) July 19-20 at New York City’s Princeton Club. Decosimo Principal Karl J. Jordan, CPA, CGMA, will chair the private investment focused forum.
The conference will explore topics such as a Financial Accounting Standards Board update focusing on new and proposed accounting rules, as well as the latest developments of International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP) convergence. Updates will also be given related to the Form PF and best practices for surviving an SEC audit. An overview of Foreign Account Tax Compliance Act (FATCA) and its projected impact on private investment funds will be covered, as well as specific accounting and auditing issues relevant to fund of funds and key issues funds are facing with regards to FIN 48. The conference will also provide breakout sessions that will include a private equity track and a hedge fund track each covering issues specific to the respective groups.
Karl Jordan is Decosimo’s alternative investment/hedge fund practice leader and also serves as the Director in Charge of the firm’s Cayman Islands office, Moore Stephens Decosimo Cayman Limited. He has extensive experience in providing services to financial institutions, private investment partnerships, alternative investment partnerships, hedge funds, broker/dealers, real estate companies, captive insurance, investment companies, family offices and high-net-worth individuals.
Through its highly focused conferences and seminars, FRA provides access to timely, cutting-edge information for the nation’s top executives. Decosimo consistently sponsors FRA’s educational conferences and has lead presentations at recent conferences on such topics as valuation for hard-to-value portfolios and due diligence for institutional investors.
Perennially ranked as a leading accounting and business advisory firm, Decosimo is a recognized trusted advisor in the financial services area for their domestic and international clients. With offices strategically located in Tennessee, Georgia, Alabama, Ohio and the Cayman Islands, Decosimo provides audit, tax and advisory services to clients throughout the world. As an independent firm associated with Moore Stephens International Limited, Decosimo has access to resources and professionals in 636 office locations across 100 countries. Together with Moore Stephens, Decosimo offers a global reach while maintaining a local perspective. The Decosimo Financial Services Group furnishes services to financial institutions, alternative investment funds, offshore entities, fund of funds, real estate funds, investment advisors, dealer-brokers and alternative loan and private investment groups.
Beyond tax and assurance solutions, Decosimo’s Financial Services Group provides advisory services for independent due diligence and transaction services; investment performance testing and GIPS compliance consulting; valuation; accounting assistance with fund launches; counsel related to fund structure, fee agreements and complex tax allocation issues; advice on matters of board governance and ethics; and attestation services under the SEC Custody Rule provisions for Registered Investment Advisors. Decosimo’s full service Cayman Islands office, Moore Stephens Decosimo Cayman Limited, helps its domestic and international clients leverage the benefits of a jurisdiction without direct taxation. Learn more at www.decosimo.com/investment.