Research On Valuation Accounting And Information Disclosure Of Private Equity Investment Fund

According to the statistics of the fund industry association,by the end of June 2019,There is 24304 private fund managers,77722 private funds registered in China Securities Investment Fund Industry Association,the scale of management fund is 13.28 trillion yuan,and the total number of private fund managers is 238300.In China,there are 124 public fund management companies,including 44 Sino foreign joint ventures and 80 domestic companies;13 securities companies or securities company asset management companies with public fund management qualification,and 2 insurance asset management companies.The total assets of public funds managed by the above institutions are 13.46 trillion yuan.It can be seen that the proportion of private equity investment funds in China's fund management industry is huge,and the scale of management is growing day by day.The healthy development of private equity funds continues to affect the healthy development of the fund industry and even the asset management industry.With people's attention to asset management business,private fund industry is also the development of Bloomberg in recent years.We value how private fund conducts accounting,issues corresponding regulatory and investor focused data,how investors should choose appropriate private fund for information disclosed by private fund,and how regulators should better regulate private fund market A question to ponder.Is the net value management of private securities investment fund applicable to the guidance of accounting business of securities investment fund?Can the existing information disclosure status give investors the information they need,and can it meet the "penetration" regulation proposed by the new asset management regulations?This paper first analyzes the current situation of private equity investment fund management according to the literature research and statistical data at home and abroad,and analyzes the problems in the daily management of private equity investment fund from the perspective of fund accounting and information disclosure.Through the method of telephone communication and confirmation,this paper analyzes the problems in the accounting and information disclosure of private equity investment fund,and finds out the existing private equity investment fund There are various accounting methods,different accounting treatments,disordered industry supervision,and different levels of employees.Through telephone interview,this paper investigates and analyzes the accounting and information disclosure problems of G private fund company.Finally,based on the current situation of the industry and G company,this paper analyzes the significant differences between the accounting methods and information disclosure rules used by the private funds and the public funds in the investment scope,investment management,accounting and information disclosure,so the accounting methods and information disclosure standards of the public securities investment funds cannot be fully used.In terms of supervision,it is suggested to formulate or revise the accounting standards and information disclosure standards applicable to private equity investment funds based on the investment scope and business management level of private equity funds and guided by the data needs of investors and supervisors;strengthen the willingness of private equity fund managers to voluntarily disclose information and improve the efficiency of the fund market in combination with the principle of mandatory disclosure?Private fund managers should be equipped with professional investment management teams and accounting personnel,establish a sound accounting review and information disclosure review mechanism,promote the development of the fund industry from the fund business level,provide more accurate,timely and reasonable information,and contribute to the healthy development of private placement.