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Comment Letter - FASB proposal on changes to interim reporting disclosure requirements


In our comment letter, we support the FASB’s objective of improving the effectiveness of disclosure requirements for interim reporting, particularly providing a complete list of the interim reporting requirements found in generally accepted accounting principles into one topic of the Codification. However, we expressed concerns about the completeness of the list of interim disclosure requirements included in the proposed amendments and suggested that the FASB clarify its intent in proposing that disclosures should be “comparative when comparative financial statements are presented.”

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