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September 28, 2023

wonky accounting stuff that I’m not about to get into

As If the FASB Wasn’t Boring Enough, They Will Now Be Debating Semantics

Turns out, everyone is befuddled by the definition of "nonpublic entity": The Financial Accounting Standards Board has added a new project to its agenda to re-examine the definition of a “nonpublic entity,” as part of its efforts to reach out more to private company constituents. […] The decision by FASB chair Leslie F. Seidman to add […]