BDO Comment Letter - Revenue From Contracts With Customers

April 2019

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.