Gain Confidence With Our Detailed Cryptocurrency Audits
As cryptocurrency grows in popularity and investment managers add the asset class to their portfolios, the importance of verifying the existence and value of crypto-assets through an audit becomes integral to attracting new fund investors.
Our team has performed cryptocurrency audits for multiple funds. We have the professional experience to conduct an audit that instills confidence in fund managers and investors that the money they are investing is appropriately accounted for in addition to tax reporting for investors. Download our brochure regarding Tax Planning for New Asset Class (PDF).
Audit & Assurance Services Highlights
Akram provides an audit service to its alternative investment fund clients. To efficiently prepare for an audit, we advise our cryptocurrency clients to gather the following documentation:
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A detailed schedule of investments that shows that the inflows and outflows have been properly accounted for, the gains and losses for the assets have been verified and recorded accurately and that each transaction has been accurately and completely accounted for.
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Proof that the fund has ownership of the crypto-assets, they exist and that the correct valuation has been used.
Influx of Crypto/Digital Asset Fund Launches
The hedge fund industry in the US has witnessed a surge in crypto currency and digital assets funds being launched by experts in the technology sphere but who often have little experience of the financial and fund management world. This emphasizes the need for extensive support from service providers and the additional guidance these businesses may need to steer a successful launch.Akram is a trusted adviser to crypto fund managers. Akram was recently featured in hedgeweek regarding crypto currency and digital assets funds being launched.
Best Accounting & Audit Firm | Start-up & Emerging Funds
Akram is a winner in the Hedgeweek Americas Awards for consecutive 3 years 2021, 2022, and 2023
"We have been voted “Best Accounting Firm for Start-up & Emerging Funds by Hedge Week”.
Akram is a winner of “Best Audit Firm" by Private Equity Wire US Emerging Managers Awards 2024.
Industry Memberships
Contact Us for Investment Fund Accounting Solutions
We understand that clients in the Alternative Investments arena are extremely prudent. At Akram, we provide high-end, tailored fund accounting services with careful planning and an unmatched responsiveness that only a boutique accounting firm like ours can deliver. Contact us today to learn more about our specialized assurance, advisory, and tax services for hedge funds, commodity trading advisors, private equity and venture capital funds, digital asset funds, insurance dedicated funds, real estate funds, day traders, investors, family offices, and high net worth individuals.