All Private Company Council articles
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Blog
Pressure builds on FASB as it finalizes lease standard
As the Financial Accounting Standards Board dries the ink on its pending new lease accounting standard that will bring lease assets and liabilities on to corporate balance sheets, more than a dozen trade and professional groups are making an eleventh-hour appeal for FASB to exempt private companies. The groups, which ...
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Blog
Investors Protest Private Company Standards
Efforts on the part of standard-setters to wring some complexity out of financial reporting might be helpful to preparers of financial statements, but investors are starting to pipe up in protest.