United States

KPMG Comments on FASB’s Proposed Presentation Framework

Nov 14, 2016
From the Financial Reporting View

KPMG LLP recently commented on the FASB’s proposed Concepts Statement 8 – Conceptual Framework for Financial Reporting – Chapter 7: Presentation. The FASB would use the proposed presentation framework to improve its process for evaluating future and existing presentation requirements. The firm supports the Board’s objective of developing a presentation framework to help it establish more effective presentation requirements, and recommends that the Board undertake further research and outreach to address certain related issues.

Read KPMG Comment Letter

Read Proposed FASB Concepts Statement