PCC Holds December 2022 Meeting December 23, 2022 The Private Company Council (PCC) held a meeting with the FASB on December 16, 2022. Topics discussed at the meeting included: Recap of the annual PCC meeting with the AICPA Private Companies Practice Section, Technical Issues Committee. Common-control lease arrangements. The Board’s invitation to comment on government grants. Implementation issues related to the revenue standard. Profits interests awards. Accounting for and disclosure of software costs. Accounting for and disclosure of crypto assets. The next PCC meeting is scheduled for April 25, 2023. For more information, see the meeting recap on the FASB’s Web site.