Private Company Financial Reporting

Posted on November 17, 2011 View More News

The AICPA is continuing their push for the Financial Accounting Foundation to create a separate standard-setting board for private company financial reporting. Council overwhelmingly approved a resolution at the fall meeting urging FAF to take action. The resolution also states that the AICPA is prepared to consider other options if FAF fails to accept the resolution's recommendation. Members are urged to take part in a letter-writing campaign to FAF.

An online letter writing tool to assist members has been created. 

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