BVCA sets up working party on valuation guidelines

Following on from the task force on fundraising guidelines, the BVCA has announced that it has set up – on 7 December – a working party to examine the issues surrounding valuation guidelines. The working party is chaired by Michael Queen, vice chairman of the BVCA and chairman of the BVCA’s Investor Relations Committee. It will look at valuation and reporting guidelines, consulting widely across Europe with member firms, investors, the EVCA, the accounting profession and others. The group is due to report to the chairman in mid-2002.

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