Running up against auditors on valuations processes

Valuations: In this guest column, valuations firm VRC’s chairman, John Czapla, gives us a look at how some of the firm’s clients dealt with lack of input data for their Q1 valuations, particularly in private credit. Many of VRC’s clients ran into conflict with their auditors after changing their processes to compensate for that lack of input data – something consultants ubiquitously warn against.

Email prepared by Graham Bippart