Addit Sethi

1. Fund of Funds (Real Estate Investment)

• Led end-to-end audits for 40+ investment entities within a large-scale real estate fund-of-funds structure.
• Conducted fair value testing using DCF methodology, IRR analysis, and preference waterfall calculations.
• Performed impairment testing and ensured REIT compliance and partnership taxation accuracy.
• Managing a team of 10 professionals on a high-complexity, 10,000+ hour engagement since last 4 years.
• Engaged in direct communication with the CFO, internal auditors, and consultants.

2. Consulting Company

• Audited payroll, tax withholdings, operating expenses and SG&A expenses for a consulting firm servicing multiple sectors.
• Conducted GAAP checklist reviews and compliance testing.
• Managing a team of 4–6 auditors for a yearly 5000+ hour engagement over 2 consecutive years.

3. Construction Company

• Audited revenue recognition, WIP, and long-term contracts for a multi-billion dollar construction client.
• Tested asset acquisition/disposition and unrealized/realized gain/loss recognition.
• Reviewed tangible and intangible asset depreciation/amortization.

4. Lease Company

• Performed revenue recognition testing for operating and financing leases.
• Executed contract compliance, covenant testing, and debt confirmation procedures.
• Tested rental income recognition in accordance with applicable standards.

5. Private Equity

• Prepared and reviewed preference waterfall models and management fee testing.
• Tested equity contributions and distributions in accordance with LLP/LLCA agreements.

6. Fortune 500 Manufacturing Client

• Audited cash, inventory valuation (cost and fair value), and sales cycles.
• Physical verification of the inventory.
• Performed detailed Account receivable and Account payable testing.

7. Hospitality Client (Cross-Functional Accounting Advisory)

• Assisted in preparing financial statements and tax compliance deliverables.
• Handled complex bookkeeping entries during cross-utilization in the accounting consultation team.