
Hedge Fund Accountant or CPA Firm: What Actually Fits an Early Fund
When early-stage fund managers start evaluating hedge fund solutions, most of the advice they receive is either built for institutional-scale operations or comes from providers
LNB Accounting is a Concord-based CPA firm serving organizations, private fund managers, investors and business owners across California and beyond.
We bring together Audit & Assurance, CAS Accounting & Tax Advisory, selected Fund Administration engagements and Financial Due Diligence through a practical, senior-led professional-service model.
WE ARE PROUD TO SERVICE OUR FRENCH-SPEAKING
COMMUNITIES ESTABLISHED THROUGHOUT CALIFORNIA.
SAN FRANCISCO BAY AREA CPA GUIDANCE FOR AUDITS, TAX STRATEGY, AND DEAL-READY FINANCIALS
LNB helps clients strengthen financial reporting, prepare for audits and external review, operate more effectively and evaluate important transactions.
Led by Lilas Baketa, CPA, MAFM, the firm combines professional judgment, direct senior access, organized workflows and clear communication. We serve clients whose financial responsibilities have become too complex for basic bookkeeping, disconnected advisors or informal reporting processes.
LNB Accounting is led by Lilas Baketa, CPA, MAFM, Founder and Managing Principal. She provides executive oversight, professional judgment and escalation support across the firm’s service areas.
LNB engagements are structured around identified professionals, defined preparation and review responsibilities, and clear communication with the client.
All our services are delivered with integrity and excellence through personalized accounting solutions. From tax preparation to audit services, we provide the expert guidance your business needs to thrive.
LNB Accounting was founded in Concord, California, with a commitment to help organizations and business owners build stronger financial foundations.
The firm has grown into a cloud-based CPA practice providing Audit & Assurance, CAS Accounting & Tax Advisory, Financial Due Diligence and selected Fund Administration engagements. Throughout that growth, LNB has remained focused on direct client access, practical financial guidance and professional accountability.
As a Black-owned CPA firm, LNB is committed to financial education, professional development and broader access to trusted financial expertise. Services are available in English and French for clients throughout California.
Our professionals bring decades of combined accounting, audit, tax, advisory and operational experience.
Our values guide how we communicate, review financial work, protect confidential information and support clients through complex decisions.

We communicate honestly, protect confidential information and maintain transparency throughout the engagement.

We apply evidence, appropriate professional skepticism and defined review responsibilities to important financial matters.

We establish clear responsibilities, timelines, open-item tracking and escalation procedures.

We explain complex financial matters in clear, usable language and focus on what the client needs to do next.

We support financial education, professional development and broader access to trusted financial guidance.
LNB supports clients whose financial reporting, compliance, operational or transaction requirements demand more disciplined CPA involvement and clearer financial accountability.
EXCELLENT
Based on 6 reviews
Posted on Google![]()
Helene LeloTrustindex verifies that the original source of the review is Google.
As the Executive Director of a nonprofit organization, I was extremely nervous about our first-ever audit. We knew the process would be important, but we had no idea what to expect. From our very first interaction with Lilas and the LNB Accounting audit team, they made us feel supported, informed, and confident. What stood out most was their commitment to education. They did not simply request documents and complete the audit. They took the time to explain every step of the process, answer our questions, and help us understand what was needed and why. Their professionalism, responsiveness, and patience turned what could have been a stressful experience into a valuable learning opportunity for our organization. We came into the audit feeling overwhelmed and anxious. We left feeling organized, knowledgeable, and confident in our financial reporting and internal processes. The entire team was thorough, efficient, and genuinely invested in our success. Because of the exceptional experience we had, we are already discussing a three-year audit engagement with LNB Accounting. Knowing that we can simply upload our audit documents to their secure portal and work with a team we trust gives us tremendous peace of mind. If you are a nonprofit organization looking for an auditor, especially for your first audit, I cannot recommend LNB Accounting highly enough. Their expertise, professionalism, and educational approach make them an outstanding partner for any nonprofit.Posted on Google![]()
Mr. Ryan ColeTrustindex verifies that the original source of the review is Google.
So this tax season is my first experience with LNB. Wow they are responsive, professional and thorough. Looking forward to working with them in the future.Posted on Google![]()
Simon BockieTrustindex verifies that the original source of the review is Google.
I've had the pleasure of working with Lilas for many years through LNB Accounting's monthly tax advisory service. Lilas has always been professional, knowledgeable and incredibly reliable. Her guidance made complex tax matters simple and stress-free, and her attention to detail ensured everything was handled accurately and on time. Beyond her experience, Lilas' approachable and friendly manner made every interaction a positive experience. I truly appreciate these years of support and would highly recommend Lilas and LNB Accounting to anyone seeking trusted tax advisory services.Posted on Google![]()
Halima EdrizTrustindex verifies that the original source of the review is Google.
Reliable great service, reasonable rates and prices and very supportive especially in case of IRS and State issues.Posted on Google![]()
Peters EdrizTrustindex verifies that the original source of the review is Google.
I engaged with LNB Accounting for the matters of FTB and IRS and Accounting and tax pending issues especially related to COVID. LNB promised us that they will take care of it, but we did not understand that promise until I saw the positive outcomes in our favour which surprised me, as I was hoping far less favourable outcome then what I got. So definitely, LNB Accounting is a Go to place, especially, if you are overseas and have incorporated a Legal Entity in US and want a reliable company to deal with your accounting and tax, I would recommend go to them and explain them your issue and you will get the best service and outcome.Posted on Google![]()
F YOOTATrustindex verifies that the original source of the review is Google.
I started working with LNB accounting 2 years ago for my company and the service was so great , they are available anytime. I’m working directly with the owner for the business side of things . The team is very easy to speak with ! Since last year, they are taking care of my personal tax return. I highly recommend them if you want a peace of mind for your business and personal finances.
“After 40 years of work, we needed help making our retirement savings last longer. A friend recommended LNB Accounting.”
Helene, Martinez
Helping an organization improve schedules, supporting documentation and financial-reporting readiness before external review.
Helping a growth company organize historical financial information, address missing documentation and prepare for investor questions.
Helping an organization establish clearer accounting responsibilities, reporting calendars and professional oversight as its financial requirements increased.
We follow a clear, structured process to ensure you receive the highest quality accounting services. Here’s how we work together:
Begin by booking an appointment through our online system. We’ll arrange a time to discuss your business needs and how our CPA services can support your goals.
During our discovery call, we’ll learn about your specific requirements. Based on this discussion, we’ll create a detailed proposal outlining our recommended services and terms.
Once you accept the proposal, our onboarding process begins. We’ll set you up with our secure client portal and gather all necessary documentation to begin our work.
We perform your requested services with the highest level of professionalism and integrity. Afterward, we’ll request your feedback to ensure we’ve met all your expectations.
LNB uses secure client portals and cloud-based professional tools to support document exchange, collaboration and controlled access.
Access, confidentiality and document-handling procedures are established based on the engagement and the systems being used. Clients receive clear instructions regarding approved communication, document submission and information-sharing channels.
Ready to strengthen your business’s financial foundation?
Tell us about your business needs, and we’ll show you how our services can support your growth.

When early-stage fund managers start evaluating hedge fund solutions, most of the advice they receive is either built for institutional-scale operations or comes from providers

Most founders enter financial due diligence confident their numbers are in reasonable shape. Their accountant has never flagged anything serious. The books are clean enough

Venture capital investment has always involved a close read of the numbers. What has changed is who is doing the reading, how fast they can
We combine CFO-level strategy with audit-ready precision to help ambitious businesses scale with confidence. Partner with LNB and let’s build something lasting.

We analyze your books to identify accounting errors, tax saving opportunities, and financial strategies to save you money.