PwC responded to the proposed clarification of the scope of ASC 610-20 and the accounting for partial sale transactions.
PwC supports proposed amendments to how entities should consider interests held through related parties under common control.
PwC supports the proposed simplification to eliminate Step 2 of the current goodwill impairment test.
PwC generally supports the FASB efforts to respond to concerns raised by constituents about the new revenue standard.
We support the FASB’s ongoing efforts to provide regular updates, corrections, and improvements to the Codification.
The FASB’s proposal would result in certain changes to pension disclosures.
The FASB’s proposal would impact the presentation of net benefit cost and limit the amount eligible for capitalization.
PwC does not believe the proposal improves fair value disclosure effectiveness.
PwC expresses concerns about the cost/benefit of certain provisions of the FASB’s proposed government assistance disclosures.
PwC supports the overall direction of the proposal, but provides suggestions for the FASB's consideration.