Remote, high-precision fund accounting solutions with global compliance, tailored for US investment firms, private equity funds, and asset managers.
Proficur offers comprehensive fund accounting for investment firms in the US, delivered remotely from our offices in Dubai and India. We combine deep financial expertise with robust technology to maintain accurate fund records, from daily transactions to quarterly reports. Our team ensures meticulous handling of Net Asset Value (NAV) calculations, capital calls, investor allocations, and consolidations, adhering to international accounting
standards. By aligning with US GAAP and IFRS, we guarantee transparency and consistency in financial reporting – a key requirement of the U.S. SEC. With Proficur’s support, investment managers can focus on core strategies while we manage the complex accounting intricacies behind the scenes.
Proficur is committed to upholding global compliance standards in every aspect of fund accounting. We prepare financial statements and reports in line with U.S. Generally Accepted Accounting Principles (GAAP) – the accounting framework required by the U.S. SEC for financial transparency – as well as International Financial Reporting Standards (IFRS) for clients and investors who operate internationally. Our processes incorporate the latest guidance from US GAAP and IFRS, ensuring proper classification and treatment of all financial instruments. This level of diligence helps prevent errors that can distort financials or impact NAV calculations; for example, misclassifying assets can skew valuations and lead to compliance risks.
We also stay aligned with relevant SEC reporting requirements for investment advisers and funds, helping clients meet any applicable filing obligations. By adhering strictly to GAAP, IFRS, and SEC guidelines, Proficur delivers investor-ready reports that meet regulatory expectations in the US and globally. Our team even prepares IFRS-compliant financial statements for regulators and stakeholders when needed. In short, every report we produce – from NAV statements to annual financials – undergoes thorough review for full compliance and accuracy, giving you and your investors complete confidence in the numbers.
Discover how Proficur’s remote fund accounting services can become a seamless extension of your finance team. Contact us today to discuss your fund’s needs and learn how our high-precision, compliant processes will save you time and money. From NAV accounting services and capital call accounting to investor reporting, we deliver the accuracy and timeliness that investment firms demand. Let Proficur empower your organization with reliable fund accounting support – so you can confidently focus on investment performance, knowing your back-office is in expert hands.
Our fund accounting services cover the full spectrum of back-office needs for private funds and asset managers. Key capabilities include:
We perform accurate, timely NAV calculations and asset valuations for your funds, complete with portfolio reconciliation and stakeholder reports. Each NAV cycle is executed with rigorous quality checks
and in compliance with relevant accounting standards, so you receive dependable valuations at whatever frequency you require (daily, monthly, or quarterly).
Proficur handles the entire capital call process – from tracking investor commitments and calculating drawdowns to issuing notices and confirming receipts. We also manage distribution payouts to investors. Every capital call and distribution is processed efficiently and in strict accordance with your fund’s partnership agreements, ensuring no detail is missed in communicating with Limited Partners (LPs).
We produce clear, timely investor reports including capital account statements, financial statements, and performance updates. Leveraging automated workflows, our team generates investor reporting packages and notices with precision. We utilize leading-edge platforms for automated NAV calculations, investor reporting, and reconciliation, ensuring accuracy and streamlining fund operations. Your investors receive transparent, GAAP/IFRS-compliant reports on schedule, reinforcing trust through professional communication.
For firms operating complex fund structures (multiple investment entities or special purpose vehicles), we provide consolidation of accounts across all entities. Our accountants are adept at combining multi-entity financial data, eliminating inter-company entries, and presenting unified financial statements. As private funds have evolved into highly complex structures with multiple vehicles, this service addresses the complicated allocations and reporting such structures entail. The result is a holistic view of your fund’s finances, delivered in a single consolidated report.
Fund accounting is an accounting method used by nonprofits, government entities, and other organizations to track financial resources that are restricted for specific purposes. It ensures that funds are used in accordance with their intended purpose and helps organizations manage multiple sources of revenue.
Fund accounting is typically used by nonprofit organizations, government entities, and some businesses that handle restricted or designated funds, such as foundations, charities, municipalities, and educational institutions.
Unlike traditional accounting, which focuses on profitability and net income, fund accounting emphasizes the accountability of individual funds. It tracks how specific funds are received, allocated, and spent to ensure they are used for their designated purposes.
We provide complete outsourced fund accounting services – from daily bookkeeping to final financial reporting – so you don’t need multiple providers. Our integrated approach ensures timely reporting, compliance, and support with audits and tax reporting.
Proficur operates from cost-effective jurisdictions like India, offering US firms Big-4 level expertise at a fraction of in-house costs. This significantly reduces accounting overhead and improves fund operating margins without compromising quality.
Your fund is managed by certified professionals (CA, CPA, ACCA) with deep knowledge of US GAAP, IFRS, and alternative investments. Proficur’s team ensures precision, strong controls, and insightful analysis—delivering true expertise backed by continuous training.
Proficur’s leadership and senior team bring decades of fund administration and corporate finance experience across private equity, VC, hedge funds, and family offices. This depth enables us to anticipate challenges, apply best practices, and deliver accurate, compliant, and tailored solutions—not a one-size-fits-all approach.