BDO Comment Letter - Disaggregation of Income Statement Expenses

October 27, 2023 - BDO supports the Board’s proposal to  improve a public business entity’s disclosures about its expenses and also suggests clarification on certain aspects.

Related Resources

Article

Lease Accounting for the Retail and Restaurant Industries

July 22, 2024
Article

Lease Accounting for the Retail and Restaurant Industries

July 22, 2024

Retailers and restaurants often lease their store locations and equipment. Retailers and restauranters can obtain the right to use those assets under lease contracts or in service arrangements that contain embedded leases.

Read More

Article

BDO Bulletin: SEC Staff Releases More Interpretive Guidance on Cybersecurity Incident Disclosure

June 27, 2024
Article

BDO Bulletin: SEC Staff Releases More Interpretive Guidance on Cybersecurity Incident Disclosure

June 27, 2024

SEC registrants (“registrants”) must disclose material cybersecurity incidents under Item 1.05 of Form 8-K (“Item 1.05”) within four business days from the date they determine the incident is material.

Read More

Practice Aid

Accounting for Business Combinations (ASC 805)

June 26, 2024
Practice Aid

Accounting for Business Combinations (ASC 805)

June 26, 2024

BDO's Professional Practice publication (Blueprint) guides professionals through the application of the FASB’s Accounting Standards Codification Topic 805, Business Combinations (“ASC 805”). Summarizing key aspects of ASC 805, the Blueprint provides guidance with respect to accounting for business combinations.

Read More

Article

BDO Bulletin: SEC Staff Statement on Cybersecurity Incidents Disclosure

May 24, 2024
Article

BDO Bulletin: SEC Staff Statement on Cybersecurity Incidents Disclosure

May 24, 2024

The SEC staff clarified that registrants who voluntarily disclose cybersecurity incidents in Form 8-K should not do so under Item 1.05, Cybersecurity Incidents, of Form 8-K (“Item 1.05”) because it may be confusing to investors.

Read More