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Private-company GAAP: A closer look

✍ Scribed by James Tackett; Fran Wolf; Jessie Kinsley

Publisher: John Wiley and Sons
Year: 2006
Tongue: English
Weight: 90 KB
Volume: 18
Category: Article
ISSN: 1044-8136
DOI: 10.1002/jcaf.20279

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

In June 2006, the American Institute of Certified Public Accountants (AICPA) and the Financial Accounting Standards Board (FASB) agreed to create a joint committee. Its goal: make recommendations about changes in accounting for private companies. What are the differing positions of the AICPA and the FASB about establishing these new standards? © 2007 Wiley Periodicals, Inc.

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