Private company industries
PwC comment letter (AICPA)
PwC Comments on Proposed AICPA Financial Reporting Framework for Small- and Medium-Sized Entities
01/29/2013 | Assurance servicesPwC fully supports efforts to enhance financial reporting for private companies, and believes that the most appropriate way to achieve meaningful change for private company stakeholders is through the collaborative efforts of the recently established Private Company Council (PCC) and the FASB. However, should the AICPA decide to issue this new non-GAAP framework, our comment letter provides observations and recommendations on changes the AIPCA should make to minimize confusion and enhance clarity. Read more
Managing your wealth: 2013 Guide to tax and wealth management
11/20/2012 | Personal financial services
Fiscal cliff legislation offers many benefits to private companies and their owners
01/14/2013 | Private company servicesPrivate company reporter
Private company reporter (May 7, 2013 meeting)5/16/13 | Assurance services
At its May meeting, the PCC approved alternatives in the areas of business combinations and interest rate swaps which are now subject to endorsement by the FASB.
In brief
In brief: FASB and Private Company Council propose private company decision-making framework (No. 2013-21)4/17/13 | Assurance services
On April 15, 2013, the Financial Accounting Standards Board (Board) and Private Company Council (Council) jointly issued an invitation to comment on a proposed private company decision-making framework (the "framework").
PwC comment letter (AICPA)
PwC Comments on Proposed AICPA Financial Reporting Framework for Small- and Medium-Sized Entities1/29/13 | Assurance services
PwC fully supports efforts to enhance financial reporting for private companies, and believes that the most appropriate way to achieve meaningful change for private company stakeholders is through the collaborative efforts of the recently established Private Company Council (PCC) and the FASB. However, should the AICPA decide to issue this new non-GAAP framework, our comment letter provides observations and recommendations on changes the AIPCA should make to minimize confusion and enhance clarity. ...
- Trendsetter Barometer™ business outlook — Internationally focused US private companies outpace peers in prospective growth and spending
1/27/13 | Private company services
PwC's quarterly Private Company Trendsetter Barometer tracks the growth expectations, investment focus, and economic views of privately held US growth businesses. This quarter's report incorporates the views of 201 chief executive officers (CEOs/CFOs): 114 in the product sector and 87 in the service sector.
Webcast
Fiscal Cliff Legislation: What it means to private companies & individuals webcast – January 23, 2013Private company services
On January 2, 2013, President Barack Obama signed into law the American Taxpayer Relief Act of 2012. Much of the new law will directly impact private companies and their owners. PwC's Private Company Services will host this webcast to discuss how tax legislation impacts private companies and high net worth individuals.
- 2012 US Family Business Survey, Playing their hand: US family businesses make their bid for the future
1/17/13 | Private company services
US family enterprises remain optimistic despite very real challenges ahead. They fully recognize that to thrive in a fast-evolving business landscape and still-uncertain economy, they’ll need to out-innovate their peers and seek new avenues of growth. That requires harnessing the right blend of entrepreneurship, talent, technology, and leadership. Our report discusses how family businesses are rising to the challenge and what they can do to improve their odds.
- Fiscal cliff legislation offers many benefits to private companies and their owners
1/14/13 | Private company services
Much of the new law will affect privately held companies and their owners for 2012 and beyond. Read this Private Company Services Tax Insight for more details.
- Risk Resilience: Reckoning with a New Era of Threats
11/27/12 | Private company services
Companies that pursue growth must take on risk. The latest article in our Growing Your Business series for private companies looks at the top risks flagged by private companies, discussing how adopting less-traditional forms of risk management can keep shocks to the system from derailing corporate strategy and undermining growth.
- Trendsetter Barometer business outlook - Private-company revenue forecasts rise despite tempered optimism
11/26/12 | Private company services
PwC's quarterly Private Company Trendsetter Barometer tracks the business issues and best practices of privately held US growth businesses. This quarter's report indicates private companies increased their projected revenue growth rate for the next 12 months, despite ongoing uncertainty about the economy.
- Managing your wealth: 2013 Guide to tax and wealth management
11/20/12 | Personal financial services
PwC’s 2013 year-end guide to tax and wealth management offers guidance for strategic tax planning, managing your portfolio, charitable giving, estate and gift planning, business succession planning and other topics.
- Family Business Survey 2012 - Family Firm: A resilient model for the 21st century
11/3/12 | Private company services
This PwC survey highlights the significant contribution family businesses bring to economies and communities around the world. We discovered how family businesses build solid foundations for growth, the challenges they face and, importantly, what the future holds.
- Innovation imperative: Keeping your company relevant
10/17/12 | Private company services
In today’s world of emerging technologies, emerging markets, and emerging consumer demands, companies must emerge too — out of old molds and into new ones — if they are to survive and thrive. Read about why 75% of US private companies are prioritizing innovation, with growth as their top objective.
- Private companies should analyze the impact of the new tangible property regulations
9/3/12 | Private company services
Under the new tangible property regulations published last December, private companies should review their current methods of accounting in light of the temporary regulations to determine if a Form 3115 is required for the years beginning on or after January 1, 2012. If an accounting method change is required, then they should review the new revenue procedures to assess which method changes should be filed in 2012 and/or 2013 to comply with the temporary regulations.
- Trendsetter Barometer: Business outlook report - Optimism about US economy bounces back for private companies
7/19/12 | Private company services
This PwC publication tracks the business issues and best practices of privately held US growth businesses. It incorporates the views of 240 chief executive officers (CEOs/CFOs): 135 from companies in the product sector and 105 in the service sector, averaging $352 million in enterprise revenue/sales, and including large, $500M-plus private companies.
- Trendsetter Barometer business outlook - Optimism and revenue forecasts dip for private companies, but not precipitously
5/15/12 | Private company services
Private companies' optimism about the US and world economies took another steep dive, reaching levels not seen since the early days of the recession. This time, however, uncertainty prevails, with roughly half of Trendsetter executives voicing that sentiment, compared with about one-quarter voicing outright pessimism, and revenue projections remain strong.
- Employee financial well-being and retirement survey
4/10/12 | PwC Saratoga
PwC's Financial Wellness Survey tracks the financial and retirement well-being of working American adults nationwide.
- Trendsetter Barometer Business outlook report - Most private companies expect positive growth, majority plan upswing in hiring
1/16/12 | Private company services
This PwC publication tracks the business issues and best practices of privately held US growth businesses. This edition reports that most private companies expect positive growth, and the majority plan an upswing in hiring. Despite ongoing ambivalence about the economy, leading US private companies are not sitting on their hands. Planned major capital investments and increased operational spending remain solid, proving especially strong among Trendsetter companies active in emerging markets.
PwC comment letter (FASB)
PwC Comments on FAF's Plan to Establish the Private Company Standards Improvement Council12/21/11 | Assurance services
PwC strongly supports FAF's plan to create the Private Company Standards Improvement Council and to maintain FASB as the sole authoritative standard-setting board for public and private companies. The Foundation's plan is the appropriate response to the private company financial reporting community's concerns about the relevance, growing complexity, and costs of compliance associated with U.S. GAAP.