Alternative Investment

Valuation: Income Tax Basis vs. US GAAP

November 2017

When reporting for investment values, fund managers need to understand the main differences between the two accounting frameworks in order to make decisions that align with their investment strategy. The audit and tax experts at Richey May & Co., LLP have developed the following white paper to provide an overview of the main differences between the income tax basis of accounting and US Generally Accepted Accounting Principles (US GAAP), as relevant to investment valuation:

Valuation: Income Tax Basis vs. US GAAP

For any questions regarding the information contained in this whitepaper, or regarding the public accounting services Richey May provides to the Alternative Investments industry, please contact Stephen Vlasak.