Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies - Accounting and Valuation Guide

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E-Book

Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies - Accounting and Valuation Guide

  • Format

    E-book

Provides nonauthoritative guidance and illustrations regarding the accounting for and valuation of portfolio company investments held by investment companies within the scope of FASB ASC 946, Financial Services—Investment Companies.

Learning outcomes

  • Addresses many accounting and valuation issues that have emerged over time to assist investment companies in addressing the challenges in estimating fair value of these investments
  • User friendly with 16 case studies that can be used to reason through real situations faced by investment fund managers, valuation specialists and auditors

£99.00 (CIMA members only)

£99.00

VAT calculated on checkout

Product information

Overview

Stay within the scope of FASB ASC 946.

Developed for preparers of financial statements, independent auditors, and valuation specialists, this guide provides nonauthoritative guidance and illustrations regarding the accounting for and valuation of portfolio company investments held by investment companies within the scope of FASB ASC 946, Financial Services—Investment Companies, (including private equity funds, venture capital funds, hedge funds, and business development companies).

This guide may also be useful for non-investment companies, such as corporate venture capital groups or pension funds, which make investments in similar types of portfolio companies and pursue similar strategies (however, the numerous and varied aspects of these non-investment entities were not considered or contemplated in the preparation of this guide.)

Addressing the challenges.

Featuring 16 case studies that can be used to reason through real situations faced by investment fund managers, valuation specialists and auditors, this guide addresses many accounting and valuation issues that have emerged over time to assist investment companies in addressing the challenges in estimating fair value of these investments, such as:

  • unit of account
  • transaction costs
  • calibration
  • the impact of control and marketability,
  • backtesting

For additional information, please see an excerpt which describes in detail what is covered in this guide.

Professional development

All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Format:E-book
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£99.00 (CIMA members only)

£99.00

VAT calculated on checkout