AICPA Releases Accounting and Valuation Guide for Private Equity and Venture Capital Industry

by CPA Practice Advisor | Aug 20, 2019   ()

The American Institute of CPAs (AICPA) has issued guidance for investment companies on how to fair value their portfolio company investments. The accounting and valuation guide titled Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies is intended to harmonize views of industry participants, auditors and valuation specialists.
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Source: CPA Practice Advisor

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