Tag: OME ↓

Simplified accounting rules for small business

April 1st, 2008 · 4 Comments

The CICA announced late last year a draft version of a new accounting framework for small, owner-managed businesses. The framework is being developed because these types of companies don’t have complex reporting needs like public companies, non-profit organizations, or private companies with significant third party investors or creditors. I haven’t begun working on public company [...]

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Category: Accounting Standards
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