Effective Writing 10th Edition by Claire May,Gordon May

تمرين 8

For decades, there has been a debate as to whether different GAAP should be established for private companies as opposed to public companies. Often, this has been referred to as the "Big GAAP vs. Little GAAP" controversy. In mid-2012, the Financial Accounting Foundation's board of trustees voted to establish a Private Company Council to determine whether exceptions or modifications to GAAP for privately held companies should be made.
Prepare an outline you can use for a speech to your accounting club on the pros and cons of modifying GAAP for privately held companies. Chapter 16 provides more information on oral presentations.