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Comment on FASB’s proposed update to income tax disclosure

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Grant Thornton authored a letter to the FASB commenting on the proposed Accounting Standards Update, Income Taxes (Topic 740) – Disclosure Framework – Changes to the Disclosure Requirements for Income Taxes. Grant Thornton’s letter describes its support for the FASB’s efforts to modify disclosure requirements to provide more useful information about income taxes. The letter responds to some questions for petitioners by the FASB.

Read our full comment letter