Both public and private companies carrying minority equity stakes at cost under FASB ASC 321 may need to fair value them due to COVID-19.
A Q2 2020 update on credit spreads and required returns.
Considering the virus’ material impact on specific industries, we’ve seen a greater emphasis on secondary industry-specific loan indexes when controlling for credit risk.
The only comparable event to the spread of the virus for modern private capital markets is the Great Recession, but there are some key differences this time.
Webcast Replay: What valuation impacts are companies feeling as a result of the market and economic disruptions created by the COVID-19 pandemic?
Rapport, a member of VRC’s Portfolio Valuation Group and has served on the ASA’s board for several years, was elected president last fall.
VRC talks trends and what we could expect to see in 2020.