BDO Comment Letter - Simplifying the Classification of Debt in a Classified Balance Sheet

May 2017

Debt (Topic 470): Simplifying the Classification of Debt in a Classified Balance Sheet (Current versus Noncurrent) (File Reference No. 2017-200)

BDO supports the proposed guidance for classifying debt as current vs. long-term and recommends a number of enhancements to the final standard.