Private credit has been the fastest growing financial market in recent years and is creating a unique set of valuation challenges, specifically for audit firms. Auditors are finding themselves at the center of scrutiny as illiquidity, complexity and customization around private assets make it difficult for them to confirm independent, documented valuations for use in their work.
A trusted valuation specialist can bring greater efficiency and reduced risk to audit firms. In this white paper, learn how solutions that provide transparent pricing information developed to financial reporting standards provide significant support. Download for key insight on:
- The substantial risks created when private items don't have third party valuations and auditors fall back on using management's valuation
- How high-quality, proprietary valuation solutions can help with difficult-to-value assets
- Why valuation partners help meet the regulatory needs of the PCAOB, FASB, NAIC and Banking Regulators.
- The operational, employee and client benefits that the right valuation solution provides