Accounting Round Table

hfr-1009-cover-accounting-round-table-supplement

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Importance of the auditor
The quality and usefulness of audits for funds is now seen as paramount

Auditor selection
Reputation and independence are key characteristics in choosing an auditor

Valuation issues and fair value
Many issues remain around how to value illquid assets as well as what accounting standards and guidelines to use

Valuation model challenges
Accounting standards may appear to be rather esoteric but the significant differences between them could have a