Scope and key challenges

• inconsistent allocation of income and expenses between cells
• lack of clear documentation supporting inter-cell transactions
• fragmented reporting across multiple service providers
• increased audit complexity due to structural misalignment
• regulatory sensitivity around segregation requirements

How we helped

We performed a detailed review of cell-level financial reporting and structure integrity.

Our work included:

• full reconciliation of cell-by-cell financial reporting
• review of allocation methodologies for income and expenses
• validation of segregation principles across the structure
• identification of documentation gaps and inconsistencies
• implementation of clearer reporting framework for ongoing use
• alignment of reporting with regulatory expectations for PCC structures

Results

• corrected inconsistencies in cell-level reporting
• improved transparency and auditability of structure
• strengthened segregation integrity across PCC cells
• reduced future audit complexity and time requirements
• improved confidence from stakeholders and regulators