Summary and Info
This informative Q&A style report summarizes the issues and implications surrounding the possibility of an industry-wide change in accounting standards from a focus on detailed rules to a focus on broad principles. Experts from Price WaterhouseCoopers (PwC) and the Financial Accounting Standards Board (FASB) answer thought-provoking questions about the impact of principles-based accounting standards on the industry overall.
More About the Author
William Sinnott (14 August 1886 in Florida(?) –29 March 1965 in Miami Beach, Florida), who was awarded a Congressional Gold Medal in 1940 in recognition of his service to President Franklin D.
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