The Illustrative Financial Statements is a highly regarded industry guide that provides the hedge fund community with a wide-ranging guidebook of sample U.S. GAAP financial statements for private funds and includes examples for domestic, offshore, master/feeder, and fund of funds structures.
Together, these guides are designed to assist you in your year-end planning process.
Both guides include examples of:
• Statement of assets and liabilities
• Condensed schedule of investments
• Statement of operations
• Statement of changes in partners’ capital/net assets
• Statement of cash flows
• Notes to the financial statements.