Does anyone have any experience doing a fund accounting audit?

I recently found out that I'll be working on a fund accounting audit - which is a component of a larger client. Scheduling keeps telling me its a "different" opportunity, and I'll get "other" experience, I have no idea what theyre alluding too and the lack of transparency is frustrating. Does anyone have any experience in a fund accounting audit and how it compares to a normal audit? and is it good experience?

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The accounting follows the investment company guide from the AICPA. There will be some industry specific technical accounting differences from a normal operating company. That’s really the only difference. Deadlines can be different. If they are a sec registered advisor dead line is 120 days, except if they are fund of funds. Although deadlines can also be accelerated due to governing docs. So usually March 31st and April 30 are heavy deadlines.

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