Business Details
33 Years
experience
Trusted Financial Compliance Services for Commodity Firms
Futures Accounting & Compliance is a comprehensive financial services firm dedicated to meeting the diverse needs of our clients. With over 30 years of experience, we specialize in Introducing Broker (IB), Commodity Trading Advisor (CTA), and Commodity Pool Operator (CPO) accounting and compliance services. Our Certified Public Accountant (CPA) services, provided by Chawla Group CPAs, LLC, ensure accurate financial reporting and regulatory adherence. Founded by Jas Chawla, a former National Futures Association (NFA) auditor, our firm combines deep industry expertise with a client-centric approach to demystify complex compliance challenges.We empower NFA member firms through innovative strategies, transparent practices, and a commitment to excellence, integrity, and client success. Our mission is to set industry standards by tailoring accounting procedures to meet and exceed regulatory requirements. We prioritize robust risk management, ethical conduct, and long-term partnerships, ensuring our clients achieve financial clarity and compliance excellence in the commodities market.
Services
Commodity Pool Operators (CPO)
Commodity Trading Advisors (CTA)
Introducing Broker (IB)
Tax Preparation
Audit & Assurance
Details
- Year established: 1993
Highlights and features
- We offer over 30 years of experience in commodity accounting and compliance.
- Our team includes a former NFA auditor with deep regulatory expertise.
- We provide tailored compliance strategies for IB, CTA, and CPO entities.
- We uphold transparency and ethical conduct in all financial reporting.
- Our audit services ensure adherence to CFTC and NFA regulatory standards.
Associations and certifications
- Certified Public Accountant (CPA), Illinois
- Illinois CPA Society
Services
Commodity Pool Operators (CPO)
Our CPO services provide comprehensive accounting and compliance solutions tailored to commodity pool management. We deliver quarterly reporting, customized monthly financial statements, and tax filings while ensuring adherence to CFTC regulations. With a focus on transparency and ethical practices, we assist in disclosure documents, registration, and mock NFA audits. Our teams expertise helps clients optimize financial reporting and regulatory compliance, enabling business growth in the commodities sector through reliable oversight and investor reporting.
Commodity Trading Advisors (CTA)
Futures Accounting & Compliance offers specialized CTA performance accounting services, including quarterly and monthly reporting, disclosure document reviews, and regulatory registration support. We ensure compliance with NFA reporting standards and provide detailed performance tables verified through a three-level review process. Our transparent practices include client communication and composite reporting, giving CTAs the tools to maintain accurate track records and meet CFTC requirements efficiently while focusing on strategic growth.
Introducing Broker (IB)
Our IB services encompass semi-annual 1-FR filings, monthly accounting, tax compliance, and net capital monitoring. We assist with regulatory registration, written procedure development, and mock NFA audits to ensure adherence to AML and ISSP standards. By prioritizing transparent financial reporting and personalized compliance strategies, we help IBs navigate complex regulatory landscapes and maintain operational efficiency in the commodities market.
Audit & Assurance
We provide rigorous audit and assurance services for IB and CPO entities, ensuring accurate financial reporting and regulatory compliance. Our certified auditors conduct thorough examinations of financial statements, internal controls, and regulatory practices. We offer tailored audit approaches, compliance assurance, and risk management strategies to enhance stakeholder confidence. Our services include financial statement audits by Chawla Group CPAs, LLC, and regulatory audits aligned with industry standards, promoting financial integrity and transparency.
Tax Preparation
Our tax preparation and planning services include strategic tax planning, individual and business tax filings, financial statement preparation, and audit support. We help clients minimize liabilities and ensure compliance through proactive planning and accurate reporting. With expertise in commodity firm tax needs, we provide bookkeeping, payroll services, and IRS dispute resolution, ensuring comprehensive support for businesses and individuals navigating complex tax regulations.
People
Jas Chawla
Founder, Certified Public Accountant (CPA)
Jas Chawla founded Futures Accounting & Compliance after a five-year career as an NFA auditor. A licensed CPA in Illinois and member of the Illinois CPA Society, he brings over 30 years of commodity industry expertise, focusing on tailored compliance solutions for IB, CTA, and CPO firms.
Questions
What services does Futures Accounting and Compliance offer?
We provide accounting, compliance, audit, tax preparation, and regulatory support for IB, CTA, and CPO entities in the commodities industry.
How long has Futures Accounting and Compliance been in business?
Our firm has served commodity firms for over 30 years, with expertise in regulatory compliance and financial reporting.
Is Futures Accounting and Compliance licensed and certified?
Yes, our founder is a licensed Certified Public Accountant (CPA) in Illinois and a member of the Illinois CPA Society.
Do you specialize in specific regulatory frameworks?
Yes, we specialize in NFA and CFTC regulations, ensuring compliance for commodity trading firms.
What makes Futures Accounting and Compliance unique?
We combine deep industry experience with personalized service, offering tailored solutions for commodity firms' complex accounting needs.
Can you assist with international regulatory compliance?
Our primary focus is U.S.-based commodity firms, but our expertise supports firms navigating global regulatory overlaps.
