BDO Comment Letter - ​Receivables — Nonrefundable Fees and Other Costs

November 2016

Receivables — Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities (File Reference No. 2016-340) - BDO agrees investors should amortize callable debt securities to the earliest call date, but recommends clarifying certain matters in the final standard.