The 2021 edition of the KPMG annual illustrative financial statements for hedge funds and private equity funds is now available. 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:
- Statement of assets and liabilities
- Condensed schedule of investments
- Statement of operations
- Statement of changes in partners’ capital/net assets
- Statement of cash flows
- Notes to the financial statements.
