MANAGEMENT

COMPANIES

As operational due diligence increases, many managers are concerned with the accuracy of their primary service providers. Maintaining the technology and an experienced back office to review the work of the primary administrator can be expensive and difficult.

STRATA PROVIDES A COST-EFFECTIVE SHADOW ACCOUNTING OPTION TO MANAGERS WHO NEED ADDITIONAL ASSURANCE THAT REPORTING IS ACCURATE.

Shadow accounting is a term used to describe an accounting process where two sets of records are kept by unrelated parties. Periodically, both sets of records are reconciled. Additionally, shadow accounting provides a “back up” set of records that can immediately be deployed when necessary. Strata provides shadow accounting for both financial and tax records. We have a history of working with other administrators in this capacity. We are used as a resource to augment the administration and consulting work of other service providers.