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Paving the Road to Private Company GAAP
Posted by Kristen Shepley on Tue, Jul 10, 2012 @ 09:22 AM

Making GAAP Relevant

Recently, the Financial Accounting Foundation (FAF) approved the creation of the Private Company Council (PCC).  The PCC will vote on exceptions and modifications to U.S. Generally Accepted Accounting Principles (GAAP) that better meet the needs of private companies, paving the road to private company GAAP.

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Topics: GAAP, private companies, Kristen Shepley, audit, FAF

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