The Financial Accounting Standards Board issued for public comment Wednesday a proposal that would define a public business entity and affect which types of businesses might qualify for alternative accounting and reporting guidance as private companies.
FASB Proposes to Define Public Business Entities
All Accounting Today articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, podcasts, blog discussions, and conference discounts. Registered members may also choose to receive our exclusive Tax Pro Today e-newsletters covering the latest breaking news, opinions from industry leaders and developing trends.