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With the release of the Financial Reporting Framework for Small- and Medium-Sized Entities (FRF for SMEs), the AICPA has developed this Alert to build awareness and understanding of this new non-GAAP financial reporting framework available for immediate adoption.
Who will benefit from this Alert?
This Alert also offers illustrative financial statements prepared using FRF for SMEs and includes a customizable client letter for practitioners to explain the benefits of the framework to their clients.
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