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Deloitte comments on FASB's proposed ASU on technical corrections and improvements to the Codification

Published on: Jun 29, 2016

Deloitte & Touche LLP comments on the FASB's proposed ASU Technical Corrections and Improvements, which was issued in April 2016.

An excerpt from the comment letter is shown below:

We support the Board’s commitment to a standing project on technical corrections, clarifications, and minor improvements to the FASB Accounting Standards Codification (the “Codification”). Limiting this project to minor changes that do not significantly affect current practice seems the most practical and efficient way to resolve technical issues related to the Codification.

Full text of the comment letter is available below.


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