BDO Comment Letter - Derivatives and Hedging (Topic 815) and Revenue from Contracts with Customers (Topic 606)

Comment Letter alarm

October 21, 2024

BDO supports the Board’s proposals to refine the derivatives scope exception and to clarify that an entity should apply the guidance in ASC 606 to a share-based payment from a customer as consideration in a revenue contract. BDO also suggests clarifications and changes on certain aspects of the proposals.

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