# AlignGAAP

> AlignGAAP Inc. provides full service fund administration and audit-ready valuations for managers of venture capital funds, private equity funds and SPVs. We combine 20 years of industry experience with AI-native execution to manage your fund operations end to end. Site: https://aligngaap.com

Our services, as listed on the homepage: your dedicated team, from fund formation to audit readiness, with one platform for capital activity, reporting, and analytics.

- Fund formation: fund formation with our network of independent fund counsel.
- Accounting: fund and management company accounting; Schedule of Investments updates automatically with every transaction and valuation mark; period-end close and NAV calculation.
- Capital activity: dedicated staff to help you perform capital calls, distributions, and other payments.
- ASC 820 and 409A valuations: ASC 820 fair value measurements built to withstand audit review; IRC compliant, 409A valuations for portfolio companies.
- Portfolio insights and analytics: live portfolio monitoring, recent news on operations and funding rounds; cap table and ownership tracking.
- LP support: investor onboarding and complete contribution, distribution, and reporting history; periodic LP statements, capital account reports, and quarterly reporting packages.
- Audit ready financials: US GAAP financial statements with comprehensive notes and supporting schedules.

Expert-led, AI-powered:

- Managed administration, more control: your team reviews and approves instead of rebuilding schedules, reconciling reports, chasing for missing support, and preparing audit requests.
- Valuation is part of the close: ASC 820 valuation analysis and supporting documentation are prepared alongside the financial statements instead of becoming a separate year-end project.
- Scale with a dedicated team: add funds, SPVs, and reporting requirements without adding more overhead and infrastructure.
- No audit surprises: material balances are reconciled and linked to supporting evidence throughout the year, not assembled for the first time when the auditor asks.

Valuations: ASC 820 and 409A valuations, which can be ordered on their own or together with fund administration, for a whole portfolio or for selected investments.

- ASC 820 Fair Value Measurements: accurate and defensible valuations for financial reporting, investor transparency, and audit readiness. Venture capital methods: guideline public company (GPC) method, option pricing method (OPM), probability-weighted expected return method (PWERM), backsolve method. Private equity methods: discounted cash flow (DCF) method, guideline transaction method, equity waterfall.
- 409A Valuations: tailored and accurate fair market value (FMV), compliant with IRC (Section 409A) standards. Methods: market approach, income approach, asset approach.
- Audit Support: we stay with you through the audit and answer your auditor's questions on each value. Our methods follow the guidance that auditors test against. If we also administer your fund, one firm answers your auditor on both the books and the values, from records we already hold.

Frequently asked questions, answered on the Valuations page: whether valuations can be ordered without fund administration (yes); how often a fund needs to value its investments (at every reporting date, with an update after a financing round, a sale of shares or a marked change in a company's prospects); whether we work with your auditor (yes); when a company needs a 409A valuation (before it grants stock options, then at least once every 12 months, and after a material event); and whether an investment can be kept at the price of the latest financing round (only while that price still reflects the company and the market).

To talk to a fund accountant or about your next valuation, book an introduction on the Connect with us page.

## Pages

- [Fund Administration](https://aligngaap.com/): the homepage: our services, with a product mockup for each, and why to choose AlignGAAP.
- [Valuations](https://aligngaap.com/valuations): ASC 820 and 409A valuations, the methods used for venture capital and private equity funds, audit support, and the frequently asked questions in full.
- [Connect with us](https://aligngaap.com/connect): book an introduction.

## Optional

- [Fund formation](https://aligngaap.com/#svc-fund-formation)
- [Accounting](https://aligngaap.com/#svc-fund-accounting)
- [Capital activity](https://aligngaap.com/#svc-capital-activity)
- [ASC 820 and 409A valuations](https://aligngaap.com/#svc-portfolio-company-valuations)
- [Portfolio insights and analytics](https://aligngaap.com/#svc-portfolio-insights-and-analytics)
- [LP support](https://aligngaap.com/#svc-lp-support)
- [Audit ready financials](https://aligngaap.com/#svc-audit-ready-financials)