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: Committee on Private Companies (CPC)

Committee on Private Company Policy May 2011 Meeting Minutes
FEI CPC-S Committee shares views on Proposed ASU. Plan Accounting Defined Contribution Pension Plan
FEI CPC-S Committee shares views on Proposed ASU. Plan Accounting Defined Contribution Pension Plan FEI CPC-S shares views on Proposed ASU Contingencies: Disclosure of certain loss contingencies.
Conceptual Framework for Financial Reporting: The Reporting Entity
The Committee on Private Company Standards (CPC-S) of Financial Executives International (FEI) wishes to express its views on the Financial Accounting Standards Board’s (FASB’s) Exposure Draft (ED) of a proposed Statement of Financial Accounting Concepts, Conceptual Framework for Financial Reporting: The Reporting Entity. FEI Committee on Private Company Policy - May 2010 Meeting Minutes
FEI Committee on Private Company Policy - January 2010 Meeting Minutes
FEI Committee on Private Company Policy - March 2010 Meeting Minutes
Leases Comment Letter from CCR and CPC Committees
CCR and CPC comments to FASB and IASB on Preliminary Views on Leases House Passes Stimulus Legislation, Moves To Senate
On Jan. 28, 2009, the full House voted 244-188 to pass the $819 billion economic stimulus bill, "The American Recovery and Reinvestment Act." FEI CPC Sends Letter To FASB Supporting Delay Of FIN 48 For Private Cos.
On Dec. 5, 2008 FEI's Committee on Private Companies, Standards Subcommittee, filed a comment letter with the FASB on Proposed FSP FIN 48-c, supporting FASB's proposed delay of FIN 48, Accounting for Uncertainty in Income Taxes, for private companies. FEI Committee On Private Companies Asks FASB To Exempt Private Cos. From FIN 48
On Aug. 12, 2008, FEI’s Committee on Private Companies, standards subcommittee, filed a comment letter with the FASB asking that private companies be exempted from FIN No. 48, Accounting for Uncertainty in Income Taxes. FEI Technical committees (CCR, CGB, CPC) express concern with FASB’s Exposure Draft to amend FAS 5
FEI Technical committees (CCR, CGB, CPC) express concern with the FASB’s Exposure Draft to amend FAS 5 regarding disclosures of contingencies. FEI Response On Reducing FASB Board Size: ‘Respectfully Disagree’
CPC Standards Subcommittee Files Comment Letter on FAF Proposal To Restructure FASB
FASB Issues Final Guidance Delaying FIN 48 For Private Cos.; More FASB Highlights
FASB issued final guidance on the deferral of the effective date of FIN 48 (Accounting for Income Taxes) for private companies. Highlights of this and other current FASB news follow. FASB Votes To Modify Guidance On Deferral Of FIN 48 For Private Companies
At its Jan. 23, 2008 board meeting, FASB voted to clarify the scope of its proposed deferral of the effective date of FIN 48 for private companies. The board also agreed to modify the effective date of the deferral, and noted early adoption of FIN 48 will still be permitted. FASB will proceed to a ballot draft of the final FSP. FEI Responds To FASB On Proposed Delay Of FIN 48 For Private Companies
FASB Codification Coming Next Week; Five Years To IFRS?
FASB Chairman Robert Herz announced on a webcast earlier today (Jan. 8) that FASB will release its draft codification of all U.S. GAAP next week. Panelists also said five years would seem reasonable for a transition to IFRS in the U.S., with phasing in for smaller companies. FASB-AICPA Private Companies, Small Co Committees Meet
A number of FEI members participated in the December 6-7, 2007 meeting of the FASB-AICPA’s jointly sponsored Private Company Financial Reporting Committee (PCFRC). On the second day of the meeting, PCFRC met jointly with FASB’s Small Business Advisory Committee (SBAC). FEI Expresses Concern To Senate, House On IC-DISC
FEI Sends Additional Comments To IASB On IFRS for SMEs
FEI CPC Standards Subcommittee Requests Delay in FIN 48 for Private Companies
FEI CPC Standards Subcommittee Requests Delay in FAS 157 for Private Companies
FEI Committee Comments On IASB's Proposed IFRS For SMEs
FEI Private Companies Subcommittee Signs IC-DISC Letter
The Policy Subcommittee of Financial Executives International’s (FEI) Committee on Private Companies has signed on to a letter along with several associations representing thousands of American exporters and their employees. FEI CPC Comments On Standard-Setting Process
FEI's Committee on Private Companies comments, on Aug. 2, 2006, to the Financial Accounting Standards Board (FASB) on the standard-setting process "Enhancing the Financial Accounting and Reporting Standard-Setting Process for Private Companies."
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