Private company reporter

The latest in private company financial reporting developments

  • Private company reporter
    Private company reporter - PCC amends, re-approves final VIE alternative for common control leasing arrangements

    1/31/14 | Assurance services

    In January, the PCC revised, then re-approved an alternative offering private companies an exemption from applying the VIE consolidation model to certain arrangements

  • Private company reporter
    Private company reporter - PCC approves alternative that exempts certain arrangements from VIE guidance

    11/15/13 | Assurance services

    The PCC approved a final standard that offers private companies an exemption from applying the VIE consolidation model to certain common control leasing arrangements.

  • Private company reporter
    Private company reporter - September 30 and October 1, 2013

    10/7/13 | Assurance services

    At its most recent meeting, the PCC approved final standards for the accounting for goodwill and for a simplified hedge accounting model for certain interest rate swaps.

  • Private company reporter
    Private company reporter - August 15, 2013

    8/15/13 | Assurance services

    On August 7, the FASB issued an exposure draft on the definition of a public business entity and endorsed the PCC proposal for VIE considerations of common control leases.

  • Private company reporter
    Private company reporter - July 16, 2013

    7/25/13 | Assurance services

    On July 16, the PCC proposed to the FASB an accounting alternative that would exempt nonpublic entities from applying certain variable interest entity guidance. This edition of Private company reporter provides further information on the proposed alternative, as well as highlights of other recent developments related to private company reporting.

  • Private company reporter
    Private company reporter - June 13, 2013

    6/13/13 | Assurance services

    On June 10, the FASB endorsed each of the accounting alternatives previously approved by the PCC, related to intangible assets, goodwill and interest rate swaps. This edition of Private company reporter provides further information on the proposed alternatives, as well as highlights of other recent developments related to private company reporting.

  • Private 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.