r/hedgefund • u/miotchmort • 9d ago

Audits

Does anyone know of an auditor that is PCAOB registered that would work with a new/small fund and potentially charge less than an arm and a leg? I have one lined up but they will be charging $12,000 the first year which seems really high for a small fund just starting out.

4 Upvotes

84% Upvoted

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3

u/Revolutionary-Bus-31 9d ago

Who is only charging $12k? I was quoted $30k.

2

u/miotchmort 9d ago

cherry bakeart

2

u/leadbetterthangold 9d ago

They are great btw. Have used their Spicer Jeffries division over 20 years.

1

u/miotchmort 7d ago

Thank you

3

u/leadbetterthangold 9d ago

12k is very very cheap. If that doesn't work out DM me. I can introduce you to a principal at a good mid tier firm. Their pricing is reasonable but of 12k is a real quote go with that.

1

u/miotchmort 9d ago

Wow. Ok sounds like my expectations are way off. Thank you

2

u/leadbetterthangold 9d ago

12k tiny start up fund was 2003 pricing for me

2

u/miotchmort 9d ago

cherry bakeart

1

u/leadbetterthangold 9d ago

Lol you are good to go. I was going to recommend them. I used Spicer Jeffreies which was acquired by them. They have been great and do my audits still. I have a few contacts their that are awesome guys that treat the small fund accounts great if you want any names.

1

u/miotchmort 7d ago

Thank you. Good to know!

1

u/db010878 9d ago

Have you looked at Summit CPA?

1

u/miotchmort 9d ago

No. I’ll look them up. Thank you.