TITLE

Fair-value changes loom for alternative funds

AUTHOR(S)
Jacobius, Arleen
PUB. DATE
July 2010
SOURCE
Pensions & Investments;7/26/2010, Vol. 38 Issue 15, p4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article offers information on the changes in the Fair-value accounting laid by Financial Accounting Statement 157 and its impact on investment and private equity managers and venture capitals. It states that the new proposal will expect the managers to answer the asset's value and methods used to value assets. The new proposal will not entirely apply to alternative investment funds. Financial Accounting Standards Board (FASB) and International Accounting Standards Board met for the proposal.
ACCESSION #
52858192

 

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