PwC commented on the FASB’s agenda consultation. We believe reporting financial performance should be top priority.
PwC supports clarifying what is expected of auditors related to exempt offering documents.
PwC generally supports the FASB efforts to respond to concerns raised by constituents about the new revenue standard.
PwC supports most aspects of the FASB’s proposed changes to income tax disclosures, but detailed some areas needing improvement.
PwC supports the proposed standard to clarify the auditor’s responsibility when assessing going concern.
PwC supports changes to the auditor’s report that maintain or improve audit quality.
PwC responded to the proposed clarification of the scope of ASC 610-20 and the accounting for partial sale transactions.
PwC supports the PCAOB project considering the auditor’s supervisory responsibilities in audits involving other auditors.
PwC supports proposed amendments to how entities should consider interests held through related parties under common control.
Read PwC’s response to the SEC’s Concept Release related to improvements to Regulation S-K.