BDO Comment Letter - Clarifying the Interactions Between Topic 321, Topic 323, and Topic 815

BDO Comment Letter - Clarifying the Interactions Between Topic 321, Topic 323, and Topic 815

August 2019 - Clarifying the Interactions between Topic 321, Topic 323, and Topic 815 (File Reference No. 2019-740)

In BDO's comment letter to the FASB, we support the FASB's proposed clarifications regarding the interaction of certain guidance in ASC 321, ASC 323, and ASC 815.

Related Resources

Article

New Accounting Standards Upcoming Effective Dates for Public and Private Companies

December 8, 2023
Article

New Accounting Standards Upcoming Effective Dates for Public and Private Companies

December 8, 2023

This publication summarizes the new accounting standards with mandatory effective dates in the first quarter of 2024 for public entities, as well as new standards that take effect in annual 2023 financial statements for nonpublic entities.

Read More

Article

BDO Bulletin: SEC Postpones Effective Date Of Share Repurchase Disclosure Rules

December 6, 2023
Article

BDO Bulletin: SEC Postpones Effective Date Of Share Repurchase Disclosure Rules

December 6, 2023

The SEC postponed the effective date of the share repurchase disclosure rules in response to an order issued by the U.S. Court of Appeals for the Fifth Circuit to “correct the defects” it found in the rules.

Read More

Article

FASB Updates Segment Reporting Disclosures

December 1, 2023
Article

FASB Updates Segment Reporting Disclosures

December 1, 2023

All public entities will begin disclosing new segment expense information in response to investor requests - The FASB recently updated U.S. GAAP to require additional disclosures by public entities about certain expenses. The new requirements will result in incremental disclosures in annual and interim reports.

Read More

Practice Aid

Identifying Performance Obligations in the Software Industry

November 10, 2023
Practice Aid

Identifying Performance Obligations in the Software Industry

November 10, 2023

Download our new Revenue Recognition Under ASC 606 - An Industry Supplement to a BDO Blueprint – Identifying Performance Obligations in the Software Industry to access in-depth insights, practical examples and comprehensive guidance on how to successfully apply ASC 606 as a software entity.

Read More