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Small Business Advisory Committee (SBAC)


The Small Business Advisory Committee (SBAC) connects the small business community in the development of financial accounting and reporting standards.

The role of the SBAC is to:

  • Provide focused input and feedback from a small public company perspective, considering whether there are differences in that input for small public versus private company perspectives
  • Assist the FASB and its staff in their consideration of whether private company accommodations should be extended to others in the small business community (for example, banks and other small public companies)
  • Advise on other matters for which the FASB may seek guidance.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.