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.
We believe the PCC has established itself as an important contributor to the FASB's understanding of private companies.
PwC generally supports the decision to require all deferred income tax assets and liabilities be presented as noncurrent in a classified statement of financial position.
PwC generally supports the proposal to require recognition of the current and deferred income tax consequences of an intra-entity asset transfer when the transfer occurs.