Private Company Council (PCC)

The ABCs of Private Company Accounting

Norwalk, CT, October 23, 2018—In his LinkedIn post, FASB Chairman Russ Golden runs through the alphabet with the list of projects influenced by PCC input.

Article

Registration Opens for CPE Webcast—IN FOCUS: FASB Update for Private Companies on Revenue from Contracts with Customers

Norwalk, CT, October 23, 2018—Registration is now open for an upcoming Financial Accounting Standards Board (FASB) webcast geared toward helping private...

News Release | Course Description and Registration

Private Company Council Meeting Recap

Norwalk, CT, October 18, 2018—On Tuesday, October 9, 2018, the Private Company Council (PCC) discussed and provided input on the following topics:

Meeting Recap

Financial Accounting Foundation Reappoints Private Company Council Chair, Two Members

Norwalk, CT, August 21, 2018—The Board of Trustees of the Financial Accounting Foundation (FAF) today reappointed Candace E. Wright as the chair of the Private Company Council (PCC) for a three-year term....

News Release
 

Private Company Council Meeting Recap

Norwalk, CT, June 26, 2018—On Tuesday, June 26, 2018, the Private Company Council (PCC) discussed and provided input on the following topics:

Meeting Recap

Private Company Council Meeting Recap

Norwalk, CT, April 20, 2018—The Private Company Council (PCC) met on Friday, April 20, 2018. Below is a brief summary of issues addressed by the PCC at the meeting.

Meeting Recap
  • October 23, 2018 The ABCs of Private Company Accounting
  • October 23, 2018 Registration Opens for CPE Webcast—IN FOCUS: FASB Update for Private Companies on Revenue from Contracts with Customers
  • October 18, 2018 Private Company Council Meeting Recap
  • August 21, 2018 Financial Accounting Foundation Reappoints Private Company Council Chair, Two Members
  • July 2, 2018 Private Company Council Meeting Recap
  • April 27, 2018 Private Company Council Meeting Recap

Three-Year Review of the PCC

The FAF Board of Trustees conducted an assessment of the PCC based on the PCC’s first three years of operation. The objective of this assessment was to determine whether the PCC is meeting its primary responsibilities and mission, and provide an assessment of the PCC’s continuing role and effectiveness. In response to stakeholder input, the FAF Trustees made targeted improvements to increase the PCC’s effectiveness without significantly changing the PCC’s roles and responsibilities.
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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
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