Listen to the Episode Below (00:22:33)
030: Bill Knese, Chairman, IMA Board of Directors, on Accounting Standards for Privately-Held Firms
How do accounting standards impact privately held businesses? Join Bill as he recalls the milestones that shaped his 13-year tenure as CFO of Angus Industries and the growing accounting challenges that led him to champion little GAAP, a separate set of accounting standards for privately held businesses. Advancing Little GAAP “In accounting, we take economic information and…