David Horton, CPA, CGMA, is a partner at Anchin and has more than 15 years of experience in accounting and auditing. He provides audit and tax services for a variety of investment company structures, including mutual funds, domestic and offshore funds, master-feeder structures, private equity, venture capital, general partnerships and management companies.
David joined Anchin in 2001 as a staff accountant following his graduation from Baruch College. He is responsible for audit and tax engagements for financial services clients with a wide array of investments, including domestic and foreign securities, swaps, options, foreign currencies and private investments. David is also involved with tax planning and compliance services for hedge funds, general partnerships and management companies.
In addition to client responsibilities, David plays a role in the recruiting, training and mentoring process at Anchin. He is involved with in-house interviewing for entry level staff from various educational institutions. David is also an instructor for in-house professional development seminars and mentors staff within the firm to nurture their advancement and accelerate their professional growth. David also serves as a mentor for Baruch College’s Executives on Campus (EOC) mentoring program and on the school and finance committee of a non-for-profit organization.
David is a member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of Certified Public Accountants (NYSSCPA). He also serves on the NYSSCPA committee for Private Equity and Venture Capital.
- Accounting and Auditing
- Financial Services
- Private Equity
- SEC Clarifies Three Confusing Situations For The Custody RuleMay 25, 2017
The SEC’s Custody Rule continues to be a headache for registered investment advisers. The conditions are so unclear, it’s easy to inadvertently trigger custody rule violations. To help advisers adjust, the SEC recently issued clarification for three confusing situations under the rule.
- SEC Identifies Top 5 Compliance Issues Found in OCIE ExaminationsApril 6, 2017
Call it a wake-up call for registered investment advisers—the Securities and Exchange Commission (SEC) issued a Risk Alert, highlighting the top five compliance issues found in deficiency letters sent to SEC-registered investment advisers.
- Net Worth Threshold for “Qualified Clients” Increased by SECJuly 28, 2016
The U.S. Securities and Exchange Commission (“SEC”) has decided to increase the net worth test threshold for “qualified clients” effective August 15, 2016.
- New Tax Audit Rules Constitute a Radical Change for PartnershipsJanuary 27, 2016
Late in 2015, Congress passed the Bipartisan Budget Act of 2015 (the Act), which includes a complete overhaul of the procedures that apply to Internal Revenue Service (IRS) audits of partnerships and limited liability companies (LLCs) taxed as partnerships and their partners.
- 2016 SEC & FINRA Exam PrioritiesJanuary 25, 2016
The Office of Compliance Inspections and Examinations (“OCIE”) of the Securities and Exchange Commission (“SEC”) and the Financial Industry Regulatory Authority (“FINRA”) have released their Exam Priorities for 2016. Each of the regulators have organized their focus around a number of key issues.
- 2015 SEC Examination Priorities AnnouncedJanuary 20, 2015
Last week, the SEC announced its examination priorities for 2015. Three themes highlighted the areas of focus for the SEC’s Office of Compliance Inspections and Examinations ("OCIE"): Protection of retail investors and investors saving for retirement, assessing market-wide risk and using enhanced data analysis to identify those engaged in potential illegal activity.