BDO Comment Letter - Leases - Common Control Arrangements
BDO Comment Letter - Leases - Common Control Arrangements
January 13, 2023
BDO supports the Board’s proposal to allow private entities to use the written terms and conditions of a common control arrangement to determine whether a lease exists, but requests certain clarifications. BDO expresses concerns with the Board’s proposal to require that leasehold improvements associated with leases between entities under common control be amortized by the lessee over the economic life of the leasehold improvements.
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