Big GAAP vs. Little GAAP – The Proposed Verdict is In!

As a follow up to the September 20th posting “Big GAAP vs. Little GAAP – Where are we at?” the Financing Accounting Foundation’s (FAF) Board of Trustees released its proposed plan last week to address constituents concerns over the standard-setting process for private companies.  The proposed plan calls for the establishment of a “Private Company …

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