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FASB and the Private Company Council’s Private Company Decision Making Framework
June 19, 2013
The Small Business Financial and Regulatory Affairs Committee (“SBFRC”) of the Institute of Management Accountants (“IMA”) submitted a letter to the Financial Accounting Standards Board (FASB) to express views on their Private Company Decision –Making Framework: A Guide for Evaluating Financial Reporting and Accounting for Private Companies, which includes input from the FASB’s Private Company Council (PCC).
Click here to download the PDF.