The IFRS 13 standard defines fair value in financial reporting, sets out a framework for measuring it and clarifies factors that need to be considered in estimating it in accordance with IFRS standards. Private Equity and Venture Capital (PE and VC) Firms are required to value their portfolio companies at fair value in conformance with IFRS 13.
CredVal’s portfolio valuation services help PE and VC clients comply with IFRS 13 provisions. Our rigorous valuation framework and processes are designed to make valuation of portfolio companies time-bound and defensible to withstand audit review of highest standards, while still allowing PE partners enough flexibility to maintain objective control over the final reported numbers. While the standard is aimed at making performance of private equity firms as reported in financial statements more comparable across the globe.