Month: August 2013

Proposed Changes to U.S. GAAP for Private Companies

August 26, 2013 by Jason Frick
Copeland Buhl
Private companies face significant challenges in applying U.S. generally accepted accounting principles (GAAP) to their financial statements due to the complex accounting and disclosure requirements that have been introduced over the past decade. Many of these were implemented in response to the high profile accounting scandals that occurred during that timeframe...
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