BDO Comment Letter - Interim Reporting Narrow Scope Improvements

Comment Letter alarm

March 31, 2025

BDO supports the Board’s proposal to improve the understandability of ASC 270 and add a principle that would require an entity to disclose events and changes since the end of the last annual reporting period that have a material impact on the entity. BDO also suggested clarifications to improve the operability of the proposed guidance.