Whether you are preparing or using a valuation of a private equity or venture capital fund’s portfolio company investment, it is helpful to be knowledgeable about these industries and how the professionals who prepare these valuations apply and support professional judgment.
To help you, the AICPA has published the Accounting and Valuation Guide – Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies (the guide) to provide guidance to preparers of financial statements,