Risks of a “GAAP Lite”

Anyone curious about some of the risks associated with separate accounting standard-setting for non-public companies must read Bruce Pounder’s articles on CFO.com, which can be accessed starting at the following link: http://www.cfo.com/article.cfm/14542843/1/c_2984368?f=related .

About docjonz

I am an Associate Professor of accounting at Hofstra University in Hempstead, NY. Additionally, I have more than 30 years of professional accounting experience in various capacities including auditing, accounting standard setting and corporate accounting policy.
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