Services

Michael Coglianese CPA, P.C., (MCCPA) has been providing certified audits for over 30 years, meeting the unique compliance requirements of the alternative investment industry. As a CPA firm registered with the Public Company Accounting Oversight Board (PCAOB) and peer reviewed by the American Institute of Certified Public Accountants (AICPA), we stay current on the latest accounting, audit, tax, and compliance changes that affect you. As a mid-sized firm, we offer the high-level expertise of large, well-established organizations, but provide the personalized service of smaller companies. In fact, our auditing staff consists of previous auditors, from the big 4 global accounting firms.

Our specialized experience means we are uniquely qualified to conduct a hedge fund audit. At times, these can be quite complex, but we know how to identify any critical areas and complete the audit effectively and efficiently. Our knowledge is both broad and deep, ensuring you get the audit done right, and in a timely manner.

Our experience with the National Futures Association (NFA) for over 30 years has allowed us to supply the most comprehensive tools to help you navigate your way through the complex regulations of the NFA and the Commodity Futures Trading Commission (CFTC). We provide the initial audits necessary for you to be in full compliance with the NFA and CFTC registration rules. We stay current on the latest accounting, audit, tax, and compliance changes that affect your NFA registration as well as annual compliance requirements.

Using generally accepted accounting principles (GAAP), and registered with the Public Company Accounting Oversight Board (PCAOB) and a member of the American Institute of Certified Public Accountants (AICPA), we can perform annual audits in accordance with the Securities and Exchange Commission (SEC) and Financial Regulatory Authority (FINRA) guidelines.

Our team will work with you throughout the year so we can formulate a plan to maximize your tax deductions and minimize your tax liabilities.

We will complete partnership returns (Form 1065) and partner K-1’s as part of our tax preparation services by following a structured process to accurately report the financial information of the partnership to the Internal Revenue Service (IRS) and applicable states.

We will play a crucial role in helping S-Corporations (S-Corps) with special tax requirements navigate their tax return filing requirements and related financial matters. Our team can help with tax preparation, filing, entity classification, income reporting, deduction optimizations, compliance, regulations, and quarterly estimated taxes.

We have been providing NFA mock audits and compliance support for over 30 years.  In fact, our managing partner started his compliance career as an NFA compliance auditor.   We stay current on all the latest National Futures Organization (NFA) and the Commodity Futures Trading Commission (CFTC) compliance changes that affect your company. Our compliance staff consists of previous NFA auditors and industry experts. 

Our experience working in the Compliance Department at the National Futures Association (NFA) has allowed us to provide firms with all of the tools to meet their Commodity Futures Trading Commission (CFTC), and NFA requirements. For over 30 years, we have assisted firms with services such as coordinating and expediting NFA registrations. We stay current on all the latest compliance changes that affect your registration. In fact, we are often asked to serve on educational panels as experts in the futures industry.

The rules and regulations for filing or exemption can be confusing, especially with the frequent changes that are characteristic of the industry. Our expert teams help futures and swap companies meet their regulatory obligations with precision by guiding them through the various reports, identifying which filings are mandatory, and where you may be eligible for exemption.

Disclosure documents are essential for providing stakeholders with relevant information about a company’s financial health, operations, and potential risks. MCCPA can assist in preparing the necessary documents to be in compliance.

Ensuring that your financial statements accurately represent the value of your firm can be a complex and confusing task. The results of this process can significantly impact your future earnings. We provide the expertise and guidance necessary to produce a compliant financial statement presentation.

Our team provides monthly performance tables, giving you the tools to make informed decisions on allocating capital or assessing the performance of your trading. As part of this service, performance compilations are prepared on a timely basis so you can invoice your managed accounts and collect your fees.

The rules surrounding performance record management can be difficult, but it is an essential element for trading programs and funds. We have experience with performance records for every type of program and strategy, and we understand the rules governing each unique strategy type.