What an official audit report is — and what it proves

There is a wide gap between a “declared return” and an “audited return”. The official audit report closes that gap.

What it proves

• The submitted trading data matches its source (broker/platform).
• The report’s time window is explicit — not a cherry-picked best period.
• The return and drawdown calculations have been reviewed.

What it does not prove

An audit is not a guarantee of the future; it documents the past. An audited manager can still lose money — but cannot lie about the past.

Published reports on the audits page and the audit guide.

Frequently asked questions

How long does an audit take? It depends on the period and the quality of the submitted data; timing is announced in the request process.

Is auditing useful for managers too? Yes; the audit badge is a manager’s trust document with investors, visible on the profile.

What is the audit output? A report with a stated period, data source and review result — with no promises about the future.

Is an audit performed for every account? Audits are performed on accounts that have gone through its process; the list of published reports is exactly what carries official validity. For accounts without an audit, read the record and its data source and calibrate your level of confidence accordingly.

Next step

Published reports: the audits page; for the difference between an audit and a track record, read the next article in this category.

What an audit says and does not say

• Says: the data matches its source
• Says: the period and calculations were reviewed
• Does not say: what the future holds
• Does not say: the manager will stay disciplined
• A documented past is the best handle on a decision

Published reports: See it.