External Auditor
Budget: $750 – $1,500 USD
Legal Form – Limited Liability Company (4 members) established 2018
Business activities – Registered investment advisor, on a fully-disclosed basis
Key business/financial metrics a/o 12/31/2021:
# of customers 120
Transaction volume 227
Assets under management 2,108,858
Balance Sheet:
Assets 55,798
Liabilities 3,373
Members’ equity 52,425
P&L:
Income 13,643
Expenses 27,553
Cashflows:
Operating cashflows (13,140)
Investing cashflows (48,263)
Financing cashflows 64,022
Significant accounting/disclosure issues:
• Internally developed software recognition/amortization
Business activities – Registered investment advisor, on a fully-disclosed basis
Key business/financial metrics a/o 12/31/2021:
# of customers 120
Transaction volume 227
Assets under management 2,108,858
Balance Sheet:
Assets 55,798
Liabilities 3,373
Members’ equity 52,425
P&L:
Income 13,643
Expenses 27,553
Cashflows:
Operating cashflows (13,140)
Investing cashflows (48,263)
Financing cashflows 64,022
Significant accounting/disclosure issues:
• Internally developed software recognition/amortization