Committee on Private Companies (CPC): staff liaison: Serena Davila.

• Author: Davila, Serena
• Position: FEI TECHNICAL COMMITTEES - Brief article

The Private Companies Standards Subcommittee was planning to meet with the FASB on March 29 to present private company perspectives to the board. The subcommittee recently conducted a survey of all private company members in order to better represent its interests at this meeting. The subcommittee plans to discuss the fundamental financial reporting needs of private companies, as well as their general characteristics and the various different types of private companies.

* The Standards Subcommittee is reviewing the IASB's Exposure Draft on an International Financial Reporting Standards for Small and Medium-sized Entities (IFRS for SMEs). It plans to compose a comment letter on the issue. Comment letters are due Oct. 1.

* The Policy Subcommittee will have its next Washington, D.C. "fly-in" visit to Capitol Hill on April 23-25. The issues the subcommittee plans...