Private Investment Companies

Sisterson’s roots are firmly planted in this area of practice. This is where it all began and where we have continued to build expertise for clients that have been with us since the beginning and for clients that are new to the firm. Our professionals work with clients ranging in size and scope – but with similar professional service needs. Sisterson has the experience and knowledge to work with:

• Investment companies
• Investment funds, such as venture capital funds, private equity funds, fund of funds, hedge funds, collective trust funds, and partnerships
• Family offices including private foundations
• Real estate investors or entities
• Service providers of these organizations

We are committed to guaranteeing that our clients receive the highest level of quality service. Sisterson’s professionals are highly experienced and possess the essential knowledge needed when navigating through the wide-range of complexities and nuances impacting today’s private investors. 

Audit and Assurance

• Audits and reviews of financial statements, including portfolios and/or portfolio companies
• Fair Value (FASB 820) accounting and reporting compliance
• Investment Company (FASB 946) accounting and reporting compliance
• Agreed-upon procedures
• Business process reviews and reporting system solutions
• Review of fund organization documents
• Partnership accounting
• Review of contribution and distribution allocations
• Performance measurement, including financial highlights, NAV calculations, and management fee allocations
• Real estate occupancy and CAM audits

Tax Services

• All aspects of tax planning
• Choice of legal entity/organizational structure
• Multi-tiered organizational structures
• Preparation of entity and investor tax projections, returns, estimates, and Schedules K-1
• Trust reporting
• Foreign reporting including FBAR and FATCA
• Investment partnership - special allocations
• Tax basis tracking and analysis - IRC §704(c), §743, §704(b)
• Accounting for Uncertain Tax Positions (FIN 48) accounting and reporting

Advisory Services

• Due diligence and deal review, including M&A transactions and business valuations
• Forensic services, including agreed-upon procedures and litigation and forensic investigations
• Accounting and reporting system solutions and review of internal control environment
• Fraud investigations
• Litigation services
• Professional referrals