BDO Comment Letter - Revenue From Contracts With Customers

BDO Comment Letter - Revenue From Contracts With Customers

Business Combinations (Topic 805): Revenue from Contracts with Customers – Recognizing an Assumed Liability (File Reference No. 2019-300) and Measurement and Other Topics Related to Revenue from Contracts with Customers under Topic 805 (File Reference No. 2019-200).

BDO supports the proposed amendments on when to recognize a contract liability assumed in a business combination, and provides additional views in response to the Board's invitation to comment.

DOWNLOAD

Related Resources

Comment Letter

BDO Comment Letter - Improvements to Income Tax Disclosures

May 25, 2023
Comment Letter

BDO Comment Letter - Improvements to Income Tax Disclosures

May 25, 2023

BDO supports the Board’s proposal to enhance the transparency and decision usefulness of income tax disclosures, but recommends certain clarifications.

Read More
Article

SEC Reporting Matters: A Guide to Going Public

May 19, 2023
Article

SEC Reporting Matters: A Guide to Going Public

May 19, 2023

The decision to become a public company involves consideration of various advantages, disadvantages, costs, and more. Download our guide for insights on navigating the process.

Read More
Article

SEC Bulletin: Recently Adopted SEC Rules Require New Share Repurchase Disclosures

May 16, 2023
Article

SEC Bulletin: Recently Adopted SEC Rules Require New Share Repurchase Disclosures

May 16, 2023

The SEC’s recently adopted share repurchase disclosure rules will require registrants to report daily repurchase activity quarterly or semi-annually and make other qualitative disclosures regarding their repurchase plans.

Read More
Article

PCAOB Spotlight on Staff Priorities for 2023 Inspections

May 2, 2023
Article

PCAOB Spotlight on Staff Priorities for 2023 Inspections

May 2, 2023

The PCAOB outlines their priorities for 2023 inspections, focusing on various financial reporting and emerging business risks. The PCAOB's approach to selecting which audits to inspect reflects key areas of financial statement reporting that companies and auditors should consider when performing their audits.

Read More