A scoped auditor portal gives the engagement team read access to the fund's general ledger, support and valuation files, with PBC lists built from the books themselves — every item traces to a posted entry.
Every request traces to a posted entry, so the team tests the books rather than a pasted schedule.
The fund invites the team and scopes entities and periods; access is read-only and logged.
Compliance →Request items generated from ledger balances by audit area, with status per item.
Compliance →Any balance drills to its journal entries, with support and hash-chain verification.
Fund Management & ERP →Marks with approach, inputs, level and committee approval already attached.
Valuations →Trial balance, NAV bridge and capital activity checks within $1.00; statements are functions of the GL.
Reporting & Analysis →Read-only, scoped to the entities and periods in the engagement, and drawn from the fund's posted ledger.
Investments, capital activity, cash, fees — generated from balances.
DR/CR, actor, approver, narrative, sealed hash.
Approach, inputs, ASC 820 level, approval.
The twelve automated checks and their results.
Who viewed what, when.
A scope that matches the engagement letter and a log to evidence it.
Balances that drill to entries and support without a request cycle.
The mark, its inputs and the committee approval in one record.
On Privatis the PBC list is generated from the ledger, each item drills to its journal entry and support, and every view is logged.
Request lists are generated from the general ledger, so every item traces to a posted entry rather than a pasted schedule — with provided / tested status per item.
Engagement teams see only the entities and periods in scope, read-only, and engagement activity is kept in an audit log.
Marks carry their approach, inputs and ASC 820 level, so fair-value testing starts with the documentation already in place.
Form PF, ADV, AIFMD, BEA, and FATCA/CRS generated pre-populated from the ledger — a review, not a two-week exercise.
Built on ASC 946 conventions — one immutable general ledger where trial balance, financial statements, and LP reporting are deterministic functions of ledger state, not spreadsheet assemblies.
Deterministic tri-approach engine — no LLM touches the math — with AI extracting inputs and marks posting straight to the GL.
ILPA-standard reporting and portfolio intelligence, with drill-down from any board-pack figure to the journal entries behind it.
We'll walk your team through the auditor portal — the PBC list, drill-down from balance to entry, and the access log.