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FASB webcast on the private company decision-making framework project

When 14 Sep 2012
from to
Timezone UTC - 4
Where Webcast
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The Financial Accounting Standards Board (FASB) has announced it will host a free webcast on its recent Invitation to Comment outlining an approach for deciding whether and when to modify US Generally Accepted Accounting Principles (GAAP) for private companies. The areas covered in the webcast will include: (1) six factors that differentiate the financial reporting considerations of private companies, (2) five areas where financial accounting and reporting guidance might differ for private and public companies, and (3) next steps, including plans for the FASB and the newly-formed Private Company Council (PCC) to jointly deliberate the feedback received before finalizing the framework.

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