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The Ultimate Guide to ASC 820: Fair Value Standards for Alternative Investments

Sep 22, 2025

How should hedge funds apply the art of fair value under ASC 820?

Discover the path to successful fair value measurement in funds with our comprehensive guide, Fair Value: Best Practices and Implementation Under ASC 820. Specifically tailored for industry leaders, this authoritative resource is your go-to solution for navigating the complexities of less liquid assets. Originally debuted in 2020 and now equipped with the latest standards, this comprehensive resource is brimming with invaluable expert perspectives, illustrative examples, and top-notch practices. Stay ahead of the game by adhering to current regulations and optimizing the precision of your fair value assessments.

The guide contains:

  • Key definitions
  • Framework for each key provision to help leaders understand and interpret the standard for various scenarios
  • Financial statement examples
  • Frequently asked questions
  • And more

Don’t let the challenges of fair value standards hold you back. Trust the experts at Richey May to provide you with the knowledge and tools you need to excel in the world of alternative investments. Fill out the form below to download a copy of the guide.

Download the Guide Now!

“Our team has assembled this guide after much discussion with our clients and other industry leaders regarding key topics that relate to Fair Value and ASC 820,” Steve Vlasak, Business Development Partner of the Alternative Investments practice. “This is certainly a critical area of focus for our clients and friends in the alternative investments industry as well as an area that the SEC focuses on very closely. We are excited to be releasing this whitepaper, and believe it will be a great resource to help improve the understanding of these standards.”

If you have any questions about the information contained in the guide or about the services Richey May provides to the alternative investments industry, contact Steve Vlasak.

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Some of these items predate Richey May’s restructuring to an alternative practice structure. Richey May is no longer a CPA firm. All Attest services are provided by Richey, May & Co., LLP.

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