What is fiduciary accounting?
Fiduciary accounting is the process of recording, tracking, and reporting all financial transactions involving assets managed by a fiduciary on behalf of another person or entity. It provides a complete record of receipts, disbursements, investments, distributions, and the value of assets over a specific period.

What is the purpose of a fiduciary accounting?
The purpose is to provide transparency, demonstrate that assets have been managed responsibly, and document all financial activity for beneficiaries, interested parties, or the court.

What is the difference between a court accounting and a non-court accounting?
A court accounting is submitted to a court for review and approval. A non-court accounting is prepared for beneficiaries, trustees, family members, or other interested parties without being filed with a court.

Why should I hire a professional fiduciary accountant?
A professional fiduciary accountant can help organize complex financial records, prepare accurate reports, identify discrepancies, and produce accountings that comply with applicable standards and reporting requirements.

What is the process? How do I get started?
Getting started is easy. Simply give us a call or send us an email to discuss your fiduciary accounting needs. We'll take the time to learn about your situation, explain the accounting process, answer your questions, and let you know what documents and information we'll need to begin. 

How do I provide the documents?
You can simply scan or download the documents and email them to us, or some clients use secure file storage to allow us access to the documents online.  

How long does an accounting take?
Because every fiduciary accounting is unique, the amount of time required depends on the level and complexity of financial activity and some other factors. Once we have received and evaluated all of the materials, we will provide you with an estimated completion timeline.

How much does accounting cost?
We bill on an hourly basis, and the total cost of each fiduciary accounting varies depending on the scope and complexity of the work involved. 
If you have questions about pricing or would like to discuss your specific situation, please feel free to email us or give us a call. We would be happy to answer your questions and provide additional information.