BDO Comment Letter - Measurement of Credit Losses for Accounts Receivable and Contract Assets for Private Companies and Certain Not-for-Profit Entities

BDO supports the Board’s proposal to provide certain nonpublic entities with accounting elections when estimating expected credit losses for current accounts receivable and current contract assets arising from transactions accounted for under ASC 606. BDO also suggested expanding the scope of the proposed amendments to include all entities.