On March 21, Grant Thornton submitted a comment letter in response to the FASB’s proposed ASU, Disclosure of Supplier Finance Program Obligations (Liabilities: Supplier Finance Programs (Subtopic 405-50)). The firm supports the Board’s efforts to require disclosures about the supplier finance program used by reporting entities to manage their working capital, liquidity, and cash flows. We have a few suggestions for the Board to consider in clarifying the proposed disclosures and their applicability to private companies.
Download our letter to read our comments in full.
More comment letters
No Results Found. Please search again using different keywords and/or filters.