A Modern Guide to Purchase Price Allocation
Introduction Purchase Price Allocation (“PPA”) has evolved from a compliance exercise to a strategic financial reporting decision. Recent SEC comment letter trends, paired with heightened IRS scrutiny of IRC Section 197 classifications, mean that methodology choices made at acquisition can influence financial outcomes years into the future. Understanding these implications helps companies avoid costly missteps and ensure that acquisition reporting supports long term […]
Audit Season FAQs for VC Funds
Audit season can be one of the most challenging times of year for venture capital funds like yours, especially when you’re navigating fair value reporting for illiquid Level 3 investments. Questions around valuation timing, documentation, and ownership often surface late in the process, putting added pressure on your finance team when timelines are already tight. To help […]