In 2009, the IASB issued a simplified version of International Financial Reporting Standards for small and medium entities (IFRS for SMEs). This framework is intended for use by non-publicly traded companies and external users which include owners, existing and potential creditors, as well as credit agencies.
The AICPA recently issued its own framework for financial reporting which is an alternative to U.S. GAAP for SMEs. This framework is not considered U.S. GAAP — it reflects an alternative for private companies that may find compliance with U.S. GAAP to be costly and burdensome.
Please join Mayer Hoffman McCann’s Marco Pulido for this webinar as he compares the two frameworks and discusses what it may mean to your private company.
MHM Executive Education Series:
Comparing the AICPA’s Private Company Framework
to IFRS for SMEs
August 22, 2013
11 a.m.–12 p.m.
Eligible for 1 CPE
More information and online registration»