In response to market demand for a clear and easy to understand reporting for Main Street businesses, the American Institute of CPAs (AICPA) created a task force of staff, CPA practitioners and a banking community representative to develop to Financial Reporting Framework for Small- and Medium-Sized Entities (FRF for SMEs™). You’ll learn the following:
Why FRF for SMEs™ was developed
The types of organization that may prefer to use FRF for SMEs™
What benefits stakeholders can expect from the use