Valuation & Accounting for VC/PE Funds | On-Demand Webinar

Valuation and Accounting for Venture Capital and Private Equity Funds: Practical Guide | On-Demand Webinar

Broadcast Date: Tuesday, May 12, 2020 from 12:00 pm to 1:30 pm (ET)

In August 2019, the American Institute of CPAs (AICPA) issued an Accounting and Valuation Guide for investment companies entitled, “Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies”. The guide provided non-authoritative recommendations and considerations when preparing and auditing financial statements. It also sought to explain fair value measurement in accordance with Accounting Standards Codification (ASC) 820 and 946.

As the guide addresses certain valuation challenges, significant complexities emerge specifically in determining the fair value of investments. Thus, companies are advised to efficiently monitor important changes in the landscape. They must understand the characteristics and attributes of their portfolio company investments to efficiently navigate complexities and bring efficacy.

In this LIVE Webcast, Withum’s Thomas Angell (Financial Service Practice Leader) and Michelle C. Keyes (Valuation Specialist) will provide an in-depth discussion of the significant developments and issues surrounding the valuation and accounting guide. The speakers will provide best practices to help investment companies navigate their way to emerging risks and challenges.

Key Topics:

• An overview of the financial reporting guidance provided in the recent publication , ‘Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies’, as recently published by the Private Equity and Venture Capital Taskforce of the AICPA
• Overview of the latest AICPA guidance will highlight best practices related to common valuation issues encountered in fair value reporting for private equity and venture capital
• COVID-19’s impact on private equity and venture capital valuation