Yellow cabs waiting for green light on the crossroad of streets of New York City during sunny summer daytime

Comment Letter - FASB proposal on disclosures about supplier finance program obligations


Overview

In our comment letter, we support the FASB’s proposal to require disclosures about supplier finance program obligations because we believe they would provide financial statement users with information that would help them understand the effect of those programs on an entity’s working capital, liquidity and cash flows. We also provide comments on several aspects of the proposal that we believe can be further clarified.

Download PDF