OPM vs. PWERM--Market Trends and Potential Pitfalls

Business Valuation UpdateVol. 13 No. 9
September 2007
Thomas D. Miller, CFA


The valuation of common stock for venture-backed, privately held companies became a headline with the IRS’ proposed—and now final—409A regulations (effective January 1, 2008). However, since then it has been the auditors’ diligent application of SFAS 123 ...