The Fourth Annual Financial Statements Reference Manual was created solely to assist in financial-statement preparation in the wake of the latest National Exam Priorities. This manual reflects our exceptional expertise and commitment to ensure uniform industry reporting as well as transparency.
Download the GuideThis is an exciting time for the alternative investment community, from a record number of funds in which to invest to “watchful waiting” when it comes to the SEC’s next move in terms of rulemaking and enforcement strategies. One thing remains certain: when it comes to investor satisfaction and capital inflow, alternative investments rank at the head of the class.
With so many recent and anticipated changes on the horizon, managers must keep pace with the latest financial reporting standards, industry trends and hot-button topics – all in the name of running a successful investment vehicle.
Kimberly Ravenell, tax partner, was recognized for her commitment to client service and mentorship. With more than 30 years of experience advising high-net-worth individuals and closely held businesses, she provides tax planning and compliance guidance. Kim has played a key role in guiding her team and clients through significant industry and regulatory changes while supporting…
On April 28, 2026, the Securities and Exchange Commission (the “Commission”) issued an order (Release No. IA-6961) raising the dollar thresholds that determine whether a client qualifies as a “qualified client” under Rule 205-3 of the Investment Advisers Act of 1940. The new amounts took effect June 29, 2026. Background Section 205(a)(1) of the Advisers…
The question of who qualifies as a “limited partner” for purposes of Section 1402(a)(13) is now before the federal appellate courts, with potentially significant implications for partnerships and their owners. What began as a dispute over a narrow statutory exception for limited partners has evolved into a fundamental debate over whether self-employment tax liability should…
