Alternative investment funds

Alternative investment funds of ‘AIFs’ that do not meet the requirements for exemption – as discussed further here – are considered to be ‘full-scope’ and therefore subject to more stringent FCA regulation.

One of the requirements imposed by the FCA on a full-scope AIF is to prepare audited financial statements for each fund it manages. 


Audit Compliance 

Menzies can assist in evaluating whether or not an AIFM itself is required to prepare audited accounts for the individual funds that it manages. 

If the criteria for an audit are met, we are well-positioned to provide audit services and will take a proactive approach to assist in meeting statutory reporting obligations in a timely manner. 

Accounts Preparation

Menzies can assist in preparing FRS 102 and FCA-compliant accounts alongside the audit, leading to an efficient process and peace of mind that the financial statements meet the requirements of the reporting standard. 

Corporate finance

Depending on the nature of the AIF, it may be looking to acquire significant stakes in potential target companies. The Menzies corporate finance team has a wealth of experience in providing value-adding advice to both buy-side and sell-side parties in a range of transactions. Examples of the services we can provide are:

  • Assessment of targets and pricing
  • Negotiating with the vendor
  • Due diligence
  • Preparation of financial forecasts and financial modelling
  • Formal business valuations
  • Full business disposal advisory

Can incremental productivity gains deliver lasting value?

Accounting Computer Graphic

Most people already know that UK productivity is not as strong as it should be, but do you understand why it matters and what you can do about it?

In our latests business services insights report, we explore why and how business owners can boost productivity within their own operations.

Everyone Wants ‘More for More’


In this business services sector white paper, we explore the contribution that small and medium-sized business services firms make to the UK economy and how to achieve growth even in uncertain economic times.

Instead of giving into such cost pressures, however, most forward-looking business services firms realise that the key to growth is convincing customers that they are worth ‘more for more’ – but how should they go about it?

Brighter Thinking Resources


Contact our Financial Services sector team