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Bridge over ocean
21 January 2016 Comment Letter

CFA Institute Comment Letter on Notes to Financial Statements (Topic 235) – Assessing Whether Disclosures Are Material

  1. Sandra J. Peters, CPA, CFA
  2. Mohini Singh, ACA
  3. Ashwinpaul C. Sondhi, PhD

This comment letter shows investor concern over provisions of the FASB Notes Proposal Update that are adding discretion and how much discretion has been added.

This comment letter shows investor concern over provisions of the FASB Notes Proposal Update that are adding discretion and how much discretion has been added. FASB’s update of Topic 235 would alter the materiality and the presentation of financial statements.

View Comment Letter