FASB upcoming webcast for nonpublic entities

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10 May 2013

The US Financial Accounting Standards Board (FASB) will be holding a webcast on 5 June 2013 to provide an update on the FASB’s standard-setting activities in regards to private companies and not-for-profit (NFP) organizations.

Topics to be discussed include:

  • An update on recent Private Company Council (PCC) meetings, including upcoming proposals on potential alternatives within U.S. Generally Accepted Accounting Principles (GAAP)
  • The Private Company Decision-Making Framework project and the related project reexamining the definition of a nonpublic entity
  • The work of the FASB’s NFP Advisory Committee
  • A brief overview of several projects in process, including:
  • Some recently-issued Accounting Standards Updates.

The webcast will be conducted by FASB members (Russell Golden and Hal Schroeder), FASB staff (Jeff Mechanick, Ron Bossio, Elizabeth Gagnon, and Michael Cheng), and PCC member (George Beckwith).

More information and registration information is available on the FASB website.

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