Ray Rath of Globalview Advisors presented to BDO USA LLP’s senior assurance professionals at BDO’s San Francisco office on “AICPA Private Equity/Venture Capital Accounting and Valuation.” The presentation provided an in-depth examination of developments impacting preparers, auditors and valuation specialists developing fair value estimates for PE and VC fund investments in portfolio companies. Ray Rath provided an update on the developments of The American Institute of CPAs (AICPA) Task Force that is working on portfolio company valuation guidance. The presentation was followed by a dinner discussion with BDO professionals as well as several of their PE/VC clients.
BDO is the brand name for BDO USA LLP, a U.S. professional services firm providing assurance, tax, financial advisory and consulting services to a wide range of publicly traded and privately held companies. For more than 100 years, BDO has provided quality service through the active involvement of experienced and committed professionals. The firm serves clients through 64 offices and more than 400 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multinational clients through a global network of 1,408 offices in 154 countries.