FASB works on alternative-investment valuations

06/23/2009 | CFO.com

The Financial Accounting Standards Board's latest clarification to its basic fair-value pronouncement addresses the establishment of values for alternative-investment structures. This FASB staff position, FSP FAS 157-g, will be applied principally to funds of funds, offshore fund vehicles, venture capital funds, real estate funds, hedge funds and private-equity funds.

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