How to access fund financials
For audited funds that are part of the Day 1 financials population, auditors have the ability to access fund financials and finalize the audit within the Carta platform.
Once the financials have been approved by the GP, you'll receive an email informing you that financials are available.
In the email, click Review financial package to begin.
You can also begin the auditor process from your Carta dashboard. Once the GP has approved the financials, a task will appear on your Dashboard under My To-Dos.
Click Review financial package: Auditor to begin.
Download the financial package(s)
If Carta (or the client) is the preparer of the audited financial statements and footnotes, you will be able to download the PDF and/or Excel workbook:
Download the PDF of the Audited Financial Statements and accompanying footnotes by clicking on the download arrow in the PDF previewer. (Note that this capability is only available if Carta is preparing the audited financial statements and footnotes).
Download the financial package workbook (Excel file) by clicking Download workbook at the bottom of the page.
If the auditor is the preparer of the audited financial statements and footnotes, you will be able to download the Excel workbook only:
Download the financial package workbook (Excel file) by clicking Download workbook at the bottom of the page.
Submit comments on the financials
Select Submit comments to provide feedback to the Carta team. There is a field to include comments, as well as a place to upload a PDF file.
Once submitted, this will send the financials back to the Carta Fund Admin team to make updates. After the Carta team has completed the updates, the financial package will be sent back to you.
Finalize audit
Select Finalize Audit if the audit is completed and the audited financial statements can be released by the GP.
If the auditor is the preparer of the audited financial statement and footnotes, you will be prompted to upload the finalized audited financial statements with opinion & footnotes.You will be prompted to enter the opinion date which is a required field to submit the audit for final GP review and publishing.
If Carta is the preparer of the audited financial statements and footnotes, you will be prompted to upload the audit opinion letter and enter the opinion date. Carta app will insert the opinion letter into the financial statement PDF and update the subsequent events date, allowing auditor to finalize the audit
Once this step has been submitted, the GP will receive a notification that the audit has been finalized. They will then be able to proceed with publishing the audited financial statements to the limited partners.