PwC comments on FASB’s proposed update to accounting for collaborations

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Comment letter , PwC US Jun 11, 2018

Read our views on the FASB’s proposal to clarify the accounting for collaboration arrangements.

Overview

PwC supports the FASB’s efforts to clarify the accounting for collaboration arrangements, but believes the amendments are not likely to eliminate much of the diversity in practice observed today. In our response to the FASB’s proposal, we do not call for comprehensive changes to the model, but do share opportunities for improvement that, if implemented, would help reduce some of the confusion that may be encountered when addressing this topic.

Contact us

Heather Horn

Heather Horn

US Strategic Thought Leader, National Professional Services Group, PwC US

David Schmid

David Schmid

International Accounting Leader, National Professional Services Group, PwC US

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