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    AICPA Applauds GAAP Codification

    Press Release AICPA applauds the release of the FASB Accounting and Auditing Codification by the Financial Accounting and Auditing Board. The Codification organizes thousands of pronouncements comprising U.S. generally accepted accounting principles into a single, easy accessed source.
    Published on February 07, 2010

    Blue Ribbon Panel Addressing Standards Weighs GAAP With Exceptions And A Separate Standards Board

    Press Release ...can best meet the needs of users of private company financial statements believe there is a need for a new standard-setting model that follows Generally Accepted Accounting Practices (GAAP) with exceptions for private companies
    Published on October 08, 2010

    AICPA and XBRL US Announce Launch of XBRL US GAAP Certificate Program

    Press Release To address market demand for comprehensive and intensive training on XBRL reporting, the American Institute of CPAs and XBRL US launched the XBRL US GAAP Certificate Program
    Published on July 09, 2013

    Blue Ribbon Panel Makes Recommendations

    News Blue ribbon panel makes recommendations for U.S. GAAP for private companies
    Published on January 26, 2011

    NASBA and AICPA Pledge Cooperation on Private Company Financial Reporting Frameworks

    Press Release The AICPA and NASBA will work together to develop a decision-making tool to help determine if a GAAP or non-GAAP financial reporting framework is suitable for individual private companies, and will also develop illustrative financial statements and disclosures to make clear those distinctions
    Published on July 15, 2013

    Statement from Barry Melancon, AICPA President and CEO, and Paul Stahlin, AICPA Chair, Addressing FAFs Failure to Create...

    Press Release AICPA is profoundly disappointed that the Financial Accounting Foundation (FAF) is not proposing to create a new independent board to set differences in U.S. GAAP standards, where appropriate, for privately held companies
    Published on October 04, 2011

    AICPA Welcomes Private Company Councils Proposals

    Press Release The AICPA comments on progress the Financial Accounting Foundation, FASB, and Private Company Council have made in their efforts to improve the relevance of GAAP as it relates to private companies
    Published on July 02, 2013

    AICPA Governing Council Adopts Resolution Supporting Blue Ribbon Panel on Private Company Accounting Standards

    Press Release The governing Council of the AICPA adopted a resolution supporting the work of the Blue Ribbon Panel on Private Company Standards.
    Published on October 19, 2010

    New Accounting Framework Useful Tool for Lenders

    News ABA Banking Journal looks at AICPA's Financial Reporting Framework for Small- and Medium-Sized Entities (FRF for SMEs)
    Published on March 01, 2014

    AICPA Financial Reporting Framework for Small- and Medium-Sized Entities Exposure Draft Available for Comment

    Press Release The American Institute of CPAs  announced that an exposure draft on its proposed Financial Reporting Framework for Small-and Medium-Sized Entities (FRF for SMEs) is now available for comment.
    Published on November 01, 2012

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