# Stern's Ross Roundtable on Big GAAP vs. Little GAAP was featured

1 School News September 24, 2013 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://blogs.wsj.com/cfo/2013/09/24/little-gaap-could-drive-accounting-simplification/?KEYWORDS=%22stern+school%22) -- “'As we seek to bring a better cost-benefit balance within GAAP for private companies, we’re initiating at least potential simplification for all entities from yet another direction,' Mr. \[Jeffrey\] Mechanick said at an accounting roundtable hosted by the NYU Stern School of Business. 'We’ve often looked at public companies first and here we’re looking at private companies first.'”

[Read more](http://blogs.wsj.com/cfo/2013/09/24/little-gaap-could-drive-accounting-simplification/?KEYWORDS=%22stern+school%22)