As per regulatory requirements, investment advisors are mandated to undergo a “Surprise” accountant examination to ensure the existence and proper naming of client funds and securities held at custodians, with totals matching the advisor’s records.

At Pipara, we pride ourselves on being a PCAOB inspected entity, fully equipped and authorized to conduct audits for investment entities of any scale. Our comprehensive audit approach is designed to streamline the audit process, ensuring a seamless and timely experience for our clients.

Our experienced audit team conducts thorough procedures to ensure the security of client funds and securities. This includes confirming with qualified custodians and clients regarding the existence and proper custody of assets, reconciling confirmation responses with investment advisor records, and implementing alternative procedures when necessary.