Hi
Random question. CPA is asked to calculate IRR to investors. Done. Now client wants to know if he can present to investors. Issues? I'd be glad to give more info, but I"m not sure what. Not sure what the ramifications are.
The investment is to buy a very expensive piece of equipment. It's going to be leased. The lease provides for specific payments and other expenses that provide for a readily calculable IRR. The lessee is a hospital. The lessors are a group of specialized doctors who know how to use the equipment. The investors will be other physicians. The CPA presenting financial information could be misconstrued as an opinion about an investment. The calculation began as a white paper engagement (just a client asking for us to crunch some numbers with nothing with our letter head on it). No engagement letter (as of yet). Any more questions or thoughts?