Alternative Investments in Employee Benefit Plans

The AICPA® Employee Benefit Plan Audit Quality Center (EBPAQC) has developed this primer to provide Center members with a general understanding of alternative investments held by employee benefit plans. Included in this primer are discussions of unique characteristics of alternative investments, ways of identifying various alternative investments, valuation methods, reports commonly used in supporting the valuations, and references to the relevant accounting and auditing professional literature related to alternative investments.