SMEs Warm to GAAP Alternatives
Alternative accounting methods are becoming more attractive to small and medium-size companies, especially with formal standards on tap.
Senate Subcommittee Opposes Private-Company GAAP
A Senate comment letter brews new debate over regulators’ role in private-company financial reporting.
FASB as Private-Company Standards-Setter?
A proposed new council would report to FASB, an idea at odds with another recent high-level recommendation.