Resources Flashcards
AIMA Guide to Sound Practices for the Valuation of Investments 2018 Edition
Focused on Fund governance, valuation policy, procedures and recommended sources, models and methodologies.
Working Draft of AICPA Accounting and Valuation Guide - Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies - Released May 15, 2018
Provides guidance and illustrations for preparers of financial statements, independent auditors, and valuation specialists regarding the accounting for and valuation of portfolio company investments of venture capital and private equity funds and other investment companies. The valuation guidance in this guide is focused on measuring fair value for financial reporting purposes.
International Private Equity and Venture Capital Valuation Guidelines
Focused on the concept of fair value, principles of valuation methods, and valuing fund interests.
Application of the Mandatory Performance Framework for the Certified in Entity and Intangible Valuations Credential, Issued by Corporate and Intangibles Valuation Organization, LLC, January 2017
Not specific to Funds, but a task force was formed to address Valuation Professional Organization’s governance and operational issues relevant to developing, implementing, and maintaining an infrastructure to support the Certified in Entity and Intangible Valuations (CEIV) credential. The work streams are as follows: Governance and Coordination, Performance Requirements, Qualifications, Quality Control. The framework and the Application of the MPF were designed to be used by all valuation professionals who provide valuation services for financial reporting purposes.
Best Practices for The Hedge Fund Industry, A Report of the Asset Managers’ Committee to the President’s Working Group on Financial Markets, dated January 15, 2009
Dated, but a good summary on disclosure and investor protection, valuation, risk management, trading and business operations and compliance, conflicts and business practices.
