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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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