Firms like yours are working together with America’s Main Street businesses and their stakeholders, ensuring financial statements contain the right information for making informed business or credit decisions. The Financial Reporting Framework for Small- and Medium-Sized Entities (FRF for SMEs™)provides a great opportunity for you to offer a financial reporting option designed specifically for your small business clients or potential clients looking for comprehensive non-GAAP financial statements.
So that your firm can leverage the FRF for SMEs™ framework and educate yourself, your staff and clients, the AICPA has created the FRF for SMEs™ Toolkit. In this toolkit, you’ll find Client-Facing Tools, Financial Statement User Tools and Internal/Staff Tools.
In addition to these tools, you may want to direct banking contacts andclients/prospects to the AICPA’s Toolkit for Financial Statement Users and the Toolkit for Small Business to help them understand the benefits of the FRF for SMEs™ accounting framework.
