PwC supports the FASB's proposals to expand the ability of private companies to adopt PCC alternatives.
PwC supports the FASB and IASB’s efforts to respond to concerns raised by constituents about the revenue standard.
PwC supports the FASB and IASB’s efforts to clarify the principal versus agent guidance in the new revenue standard.
PwC supports the FASB’s proposals to make certain targeted changes to NFP-specific reporting now.
PwC supports the majority of the FASB's proposal to simplify stock-based compensation accounting.
PwC does not support the proposal to eliminate the accounting for basis differences.
PwC supports the boards’ efforts to clarify the guidance on identifying performance obligations and licensing.
PwC supports the proposed simplification to the accounting for business combination measurement period adjustments.
PwC does not support the proposal due to both conceptual and practical reservations regarding its requirements.
PwC supports the proposed one-year deferral of effective date and the option to early adopt the new revenue standard.