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January 30, 2023

private accounting

Not Choosing FRF for SMEs Will Be Even Easier Thanks to the AICPA’s New Decision Tool

Are you a prudent business person staring at his/her five-line balance sheet thinking, "As a prudent business person whose financial reporting isn't bound by generally accepted accounting principles and doesn't engage in transactions that require highly-specialized accounting guidance, I'm interested in some simpler accounting framework options. I've gone through the PCC's Private Company Decision-Making Framework but I really like to […]