In November 2018, the AICPA’s Financial Reporting Executive Committee (FinREC) issued an early working draft of Inventory Valuation guidance, which is part of a broader forthcoming release of the AICPA’s “Business Combinations Accounting and Valuation Guide.” Feedback was sought on this working draft to solicit comments from valuation specialists, preparers, auditors, financial statement users, and other interested parties to further inform the development of this guidance. Due to requests for additional time from respondents, informal comments on this working draft will be accepted until May 1. Comments should be emailed to yelena.mishkevich@aicpa-cima.com.