Over the past decade, we have been retained by several investment funds to assist them in responding to formal and informal SEC investigations regarding fair value measurement of portfolio investments. Reflecting back on those engagements yields a couple observations and reminders for funds and fund managers as they go through the quarterly valuation process. Travis Harms, Mercer Capital’s Financial Reporting Valuation Group lead, explains.
To read the full article in Mercer Capital’s Financial Reporting Blog, click: Portfolio Valuation and Regulatory Scrutiny.
This article is republished from Mercer Capital’s Financial Reporting Blog. It is reprinted with permission. To subscribe to the blog, visit: http://mercercapital.com/category/financialreportingblog/.
