The comment period is drawing to a close on the draft versions of two AICPA Accounting and Valuation Guides.
Last November, the American Institution of CPAs’ Financial Reporting Executive Committee, also known as FinREC, released working drafts of the two AICPA guides:
The AICPA is mainly looking for input from valuation specialists, preparers, auditors, financial statement users and other interested parties to further inform the development of these guides.
Final versions of the guides will be issued once all the comments have been received, considered, and appropriately acted upon by FinREC.