Ellin & Tucker Offices

New Reporting Framework for Small to Medium Size Entities

On June 14th, the MACPA’s Blog provided an excellent summary of the AICPA’s new Financial Reporting Framework for Small and Medium-Sized Entities.  Of particular interest is a 5 minute video where Barry Melancon from the AICAP very simply discusses this framework and its potential impact on companies, lenders and CPA professionals.  Here is the link

http://www.macpa.org/blog/3223/new%20reporting%20framework%20for%20smes%20vs-%20gaap-%20isn-t%20there%20room%20for%20both-

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