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private company
(redirected from private companies)

   Also found in: Dictionary/thesaurus 0.01 sec.
private company
a limited company that does not issue shares for public subscription and whose owners do not enjoy an unrestricted right to transfer their shareholdings


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ISLAMABAD, July 04, 2009 (Frontier Star) -- Sub committee of Public Accounts Committee (PAC) has declared the International Gateway Traffic Agreement (IGTA) between National Telecommunication Company (NTC) and two private companies besides referring the matter to main committee of PAC.
The PCFRC is part of a broad initiative by FASB and tile AICPA to further improve FASB's current standard-setting process to better meet the financial reporting needs of private companies and the users of their financial statements.
What's next and what can private companies expect based on the decisions the board has made?
 
 
 
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