AICPA Expresses Support for FAF's Creation of Private Company Council; Announces Development of OCBOA for Small- and Medium-Sized Entities
AICPA President and CEO Barry Melancon, CPA, CGMA, gives an overview of the Financial Accounting Foundation's decision to create a new Private Company Council and discusses the AICPA's effort to develop an OCBOA financial reporting framework for privately held smaller entities.
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