Resumen de The FASB and the PCC: : working together

Russell G. Golden, Daryl E. Buck

• The article looks at accounting and financial reporting standards in the U.S., as of 2014. It discusses a cooperative effort underway between the Private Company Council (PCC) and the Financial Accounting Standards Board (FASB) on matters pertaining to both private and public companies. Topics include intangible assets accounting and the costs of creating financial statements complying with U.S. Generally Accepted Accounting Principles (GAAP).