Close
Close

Comment on FASB staggered effective dates ASU

Download RFP
Grant Thornton submitted a comment letter to the FASB about a proposed Accounting Standards Update, Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates. The firm agrees with the FASB’s aim to provide staggered effective dates for adopting accounting standards, particularly when the standard is a significant change to an accepted accounting model. The letter also responds to questions provided by the FASB regarding the proposed ASU.

Read our full comment letter