Private Company Council

FAF Appoints New Private Company Council Chair and Three New PCC Members; Six PCC Members Reappointed

Norwalk, CT, August 18, 2015—The Board of Trustees of the Financial Accounting Foundation (FAF) today appointed a new chair and three new members of the Private Company Council (PCC) to three-year terms that begin on January 1, 2016. Six PCC members were reappointed.

News Release

Private Company Council Media Meeting Recap

Norwalk, CT, July 21, 2015—The Private Company Council (PCC) met on Tuesday, July 21, 2015. Below is a brief summary of issues addressed by the PCC at the meeting.

Media Meeting Recap

Private Company Council Media Meeting Recap

Norwalk, CT, May 5, 2015—The Private Company Council (PCC) met on Tuesday, May 5, 2015. Below is a brief summary of issues addressed by the PCC at the meeting.

Media Meeting Recap

PCC Chair Billy M. Atkinson to Step Down at End of Term; FAF Seeks Nominations for Successor, New PCC Members

Norwalk, CT, April 8, 2015—Private Company Council (PCC) Chairman Billy M. Atkinson today announced that he will not seek a second term as head of the group. As a result, the Financial Accounting Foundation (FAF) Board of Trustees issued a request for nominations....

News Release

FAF Seeks Stakeholder Comments on
Private Company Council Three-Year Assessment

Norwalk, CT, February 26, 2015—The Board of Trustees of the Financial Accounting Foundation (FAF) today issued a Request for Comment seeking stakeholder input as part of an assessment of the Private Company....

News Release | Request for Comment | Webpage
  • August 18, 2015 FAF Appoints New Private Company Council Chair and Three New PCC Members; Six PCC Members Reappointed
  • July 21, 2015 Private Company Council Media Meeting Recap
  • May 5, 2015 Private Company Council Media Meeting Recap
  • April 8, 2015 PCC Chair Billy M. Atkinson to Step Down at End of Term; FAF Seeks Nominations for Successor, New PCC Members
  • February 26, 2015 FAF Seeks Stakeholder Comments on
    Private Company Council Three-Year Assessment

Three-Year Review of the PCC

The FAF Board of Trustees is conducting an overall assessment of the PCC. The objective of this assessment is to determine whether the PCC is meeting its primary responsibilities and mission, and provide an assessment of the PCC’s continuing role and effectiveness. The assessment will also address changes that might be made to improve the PCC’s effectiveness.

The Trustees are seeking stakeholder comments by May 11, 2015, on the PCC’s effectiveness, accomplishments, and its future role in setting standards for private companies.
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PROJECTS

A detailed listing of all current PCC agenda projects, agenda research projects, and the PCC’s work with the FASB on its current projects that affect private company stakeholders.
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MEETINGS

The PCC meetings will be video-webcast live. Those interested in observing the meeting in person must reserve a seat in advance, as seating is limited. The meeting agenda will be posted in advance.
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FEEDBACK AND INQUIRIES

Email Us with your input on issues that affect you as a private company stakeholder.
Read comment letters submitted on private company related projects.

NEWS & MEDIA

For the latest news and announcements on PCC activities.
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ABOUT THE PCC

  • Responsibilities
  • Operating procedures
  • Council members
  • History
  • How PCC and FASB work together
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