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December 4, 2022

private company council

NASBA, AICPA Agree to Hug It Out Over Private Accounting Standards

After a month of some public and private sniping, NASBA and AICPA seem to be burying the hatchet and have issued a joint press release promising to work together: The AICPA and NASBA are committed to engaging in an effort to ensure that the FRF for SMEs, as a non-authoritative framework, is not confused with […]

NASBA Happy to See Some Legit Options for Private Company Accounting Get Proposed

I intended to get to this yesterday but I was having too much fun rummaging through SEC DCF letters and the day ran out on me. Anyway, NASBA issued a press release to congratulate the Private Company Council for its three proposals for GAAP Lite and they can managed to contain themselves — this time — from telling […]