Hedge Funds and Private Equity Funds
KPMG LLP (KPMG) is pleased to announce the launch of its annual illustrative financial statements for hedge funds and private equity funds. The illustrative financial statements are designed to assist you in your year-end planning process, offering a wide-ranging guidebook of sample U.S. GAAP financial statements for private funds and includes examples for domestic, offshore, master/feeder, and fund of funds structures.
Both guides include examples of:
In addition to the above important statements, we referenced the authoritative guidance (ASU 2016-18) that drives the sample disclosures to facilitate the review of the guidance by clients and fund administrators to enable them to tailor their disclosures for the specifics of their funds.
We hope you find these resources valuable. Should you have any questions, please do not hesitate to contact Wendy Nunn.