Private Cos: New Disclosures Required For Year-End 2008

Posted by accountingweb on Jan 9 2009 742 printer friendly

New disclosure requirements applicable to private companies in documents issued by FASB close to year-end may have gone under the radar screen, FASB was told by its Private Company Financial Reporting Committee (PCFRC) yesterday. Read more about these new disclosures requirements applicable to year-end 2008 that were issued by FASB on Dec. 30 (and a proposal released on Dec. 24 that could also impact year-end reporting for 2008) here.

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