July 11, 2017

The Private Company Council (PCC) met on Tuesday, July 11, 2017. At the meeting, PCC and FASB members shared stakeholder input from the private company Town Hall meeting on June 13, 2017 as part of the AICPA National Advanced Accounting and Auditing Technical Symposium (NAAATS).

The FASB staff delivered updates (and the PCC provided input) on the following FASB projects: The FASB and PCC are holding the next private company Town Hall meeting on August 31, 2017 in conjunction with the Georgia Society of CPAs. The next PCC meeting will be held on Tuesday, September 19, 2017. For more information on PCC projects, visit the PCC website.

PCC Meeting Recaps are provided for those interested in following the activities of the PCC. Official positions of the PCC and the FASB are reached only after extensive due process & deliberations. More details on the PCC's input on the FASB's projects can be found within the meeting minutes, which will be published on the PCC website in the coming weeks.