Comment Letter
BDO Comment Letter - Measurement of Credit Losses for Accounts Receivable and Contract Assets for Private Companies and Certain Not-for-Profit Entities
January 16, 2025Comment LetterBDO Comment Letter - Measurement of Credit Losses for Accounts Receivable and Contract Assets for Private Companies and Certain Not-for-Profit Entities
January 16, 2025BDO 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.
