IMA FRC comment letter response to proposed ASU on derivatives
IMA’s Financial Reporting Committee issued a comment letter to share its views on the Financial Accounting Standards Board’s (FASB) Proposed Accounting Standards Update (ASU), Derivatives and Hedging (Topic 815) and Revenue from Contracts with Customers (Topic 606): Derivatives Scope Refinements and Scope Clarification for a Share-Based Payment from a Customer in a Revenue Contract (Proposed Update).