Content Team 7/21/26 Content Team 7/21/26

ASC 820 for Private Equity Funds: A CFO's Operational Guide to Fair Value Measurement

This guide explains how private equity fund CFOs can apply ASC 820 alongside ASC 946 and the AICPA VC/PE Practice Aid to produce defensible fair value measurements. It covers Level 3 valuations, allocation methodologies, calibration, audit expectations, and common reporting issues that arise during quarterly and year-end valuation cycles.

Content Team 6/28/26 Content Team 6/28/26

ASC 820 for LP Investors: How to Know Your Fund Valuations Are Accurate

This article explains what LP investors should understand about ASC 820 and fund valuation reporting. It covers why fair values matter for NAV, performance, and asset allocation; how ASC 820 and ASC 946 work together; and what LPs should look for in the valuation process, including independence, documentation, assumptions, and third-party support.