Be the first to like this
There continues to be a focus on providing a less-complex accounting framework for private companies. In response, the AICPA has developed a proposed Financial Reporting Framework for Small and Medium-Sized Entities (FRF for SMEs) as a potential alternative basis of accounting for entities that are not required to produce GAAP-based financial statements. This project, if finalized as proposed, could have a significant impact on the accounting framework used by small private entities with a limited number of users.
In this free webinar, subject matter experts from Mayer Hoffman McCann P.C. will discuss the potential application of the FRF for SME’s as well as some of the more significant differences between the AICPA framework and US GAAP and how it may impact your business.
What you’ll learn
Please join us for this course that will focus on the application of the AICPA's FRF for SMEs, including:
Discuss the background and reasons for the AICPA project
Discuss the potential implementation of the framework
Discuss some of the more significant differences between the framework and US GAAP