BDO Comment Letter: Interim Reporting Disclosure Framework – Changes to Requirements

January 2022

January 24, 2022 - Interim Reporting (Topic 270) Disclosure Framework – Changes to Interim Disclosure Requirements (File Reference No. 2021-001)

BDO supports the FASB’s intent to improve the effectiveness of disclosures in the notes to interim financial statements by providing a disclosure principle and clarifying the presentation and disclosure alternatives that are available. We believe that the proposed amendments will improve financial reporting by codifying certain existing practices as well as providing clarifying guidance.