The Problem
Meadows Urquhart was engaged by a new start-up international fund that needed to establish efficient and compliant operational workflows. The challenge was to develop streamlined processes that spanned from trade order management to back-office operations, including compliance documentation, ensuring the fund’s operations were fully functional and aligned with regulatory requirements.
The Solution
Meadows Urquhart developed comprehensive operational workflows and documentation for the client, covering every aspect of the fund’s needs. This included trade order management systems, back-office operations workflows, and compliance documentation processes. By establishing these key operational components, the fund was able to launch smoothly and operate efficiently while maintaining regulatory compliance.
The Problem
Meadows Urquhart worked with a client who needed assistance navigating the complexities of liquidation basis accounting as they were in the process of closing their doors. This accounting method is highly unusual, and the client required significant guidance, especially since key personnel with audit experience were no longer with the organization.
The Solution
Meadows Urquhart provided comprehensive support, including researching the relevant requirements, educating the client, and guiding them step-by-step through the process. They also participated in meetings with other CPAs and lawyers, offering expert advice on the proper accounting for specific transactions and balances. As a result, Meadows Urquhart helped the client issue accurate financial statements in a timely manner, which were crucial for distribution to potential donors.
