BDO Comment Letter - Leases (Topic 842)

BDO Comment Letter - Leases (Topic 842)

Leases (Topic 842): Targeted Improvements (File Reference No. 2018-200)

 

The comment letter relates to the proposed Accounting Standards Update (ASU), Leases (Topic 842): Targeted Improvements. We generally agree with, and support finalizing, the ASU but have concerns about certain amendments as well as suggestions for improving them. We also identified additional technical corrections that we believe the Board should deliberate and expose for public comment as part of its ongoing targeted improvements project.