FASB Issues Update On Blue Ribbon Panel On Private Cos; Seeks Comment By Sept. 15
Sept. 10, 2010
On Sept. 10, 2010 the Financial Accounting Standards Board released an update on the Blue Ribbon Panel on Standard Setting for Private Companies. The update, provided as part of the "FASB in Focus" series, is entitled "Blue Ribbon Panel ... Summer Fall Update."
The Blue Ribbon Panel, established this year, is cosponsored by the Financial Accounting Foundation (which oversees the Financial Accounting Standards Board), the American Institute of CPAs, and the National Association of State Boards of Accountancy.
Daryl Buck, Senior Vice President and Chief Financial Officer of Reasor's Holding Company, Inc. and chair of FEI's Committee on Private Companies, serves as a member of the Blue Ribbon Panel.
Blue Ribbon Panel Requests Responses by Sept. 15
As a reminder, the Blue Ribbon Panel requests responses from all constituents (private companies, users and others) by Sept. 15 on its previously released Questions for Submissions. You can also read the Responses filed so far; CPC-S is currently analyzing the Questions for Submissions.
Prepared by FEI staff Sept. 10, 2010. This summary does not represent FEI opinion unless specifically stated above.