BDO Comment Letter - Proposed Guidance on the Recognition and Initial Measurement of Joint Venture Formations

BDO Comment Letter - Proposed Guidance on the Recognition and Initial Measurement of Joint Venture Formations

December 21, 2022 - BDO Provides Comments on Proposed Guidance on the Recognition and Initial Measurement of Joint Venture Formations 

BDO supports the Board's proposal to require a joint venture to recognize and initially measure its assets and liabilities using a new basis of accounting in a manner that is generally consistent with other business combinations, but requests certain clarifications.

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