In this session we will provide an overview of the AICPA's Accounting and Valuation Guide, "Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies". We will discuss those items in the Guide that are of particular interest to financial statement preparers. We will discuss and illustrate the concept of calibration and how it can be used to simplify the valuation process.
Provide a working understaning of the Valuation Guide and its contents
Develop an understanding of the concept of calibration and how to use it to estimate fair value