AICPA encourages FASB to study 'SME' GAAP

  • AICPA (American Institute of CPAs) (lt green) Image

30 May 2005

The Council of the American Institute of Certified Public Accountants (AICPA) has adopted a resolution directing AICPA management to work with the FASB to evaluate, where appropriate, potential changes in the recognition, measurement, and disclosure standards applicable to private (unlisted) entities.

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