PCC holds April 2017 meeting
Apr 05, 2017
At yesterday’s meeting, the Private Company Council (PCC) addressed the FASB’s projects on (1) the disclosure framework, (2) financial instruments — hedge accounting, (3) targeted improvements to the guidance on financial instruments with characteristics of liabilities and equity, and (4) targeted improvements to the related-party guidance for variable interest entities. In addition, the PCC discussed examples and situations related to cloud computing for private companies.
The next PCC meeting is scheduled for July 11, 2017. For more information, see the meeting recap on the FASB’s Web site.