The Private Company Financial Reporting Committee, a joint effort of the Financial Accounting Standards Board and the American Institute of CPAs, is set to meet later this month.
The group aims to improve the standards-setting process to better meet the needs of privately held enterprises and the users of their financial statements.
Key agenda items include a roadmap for private company accounting standards; review of FIN 48, “Accounting for Uncertainty in Income Taxes;” and review of FIN 46R, “Consolidation of Variable Interest Entities.”
The meeting will be open to the public. It will take place Thurs., April 24, and Fri., April 25, at the Sheraton San Diego Hotel & Marina. The meeting agenda and other related materials are posted at
