This comment letter lists investor perspectives and their concerns regarding the creation of the Private Company Council (“PCC”) and the development of differential accounting and reporting standards for private companies. Also, it illustrates the
This comment letter lists investor perspectives and their concerns regarding the creation of the Private Company Council (“PCC”) and the development of differential accounting and reporting standards for private companies. Also, it illustrates the results of a survey conducted by CFA Institute of its members on the issue of differential or reducing accounting reporting requirements for private companies.