Forget how many angels can dance on the head of a pin - the current abstruse brain-twister is figuring out the worth of stock issued as compensation, an intellectual task that only gets more difficult when you don't have publicly quoted prices to help.

Now, a task force from the American Institute of CPAs has come to the rescue with Valuation of Privately-Held-Company Equity Securities Issued as Compensation, a mammoth project two-and-a-half years in the making.

It compiles best practices for valuing private company securities, and lets readers avoid using an unreliable rule of thumb or management's "best estimate" to determine fair value.

Price: $65.00 for AICPA members; $81.25 for non-members.


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