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Buzz Archive:
FAS 157 - The Eternal Sunshine of the Spotless Audit

by Brad Feld, 1/15/2008

If you are a venture capitalist or GP at a Private Equity firm (or even a LP in a fund) and you haven't heard about FAS 157 (also known as Fair Value Accounting), noted investor Brad Feld recommends you ask your accounting firm's audit partner about it. Today.

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