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BerryDunn Weighs in on Proposed ASU: Income Statement - Reporting Comprehensive Income (Topic 220)

Comment Letter

01/22/18

BerryDunn has sent a comment letter to the Financial Accounting Standards Board (ASB) regarding its proposed Accounting Standards Update (ASU) intended to help organizations reclassify certain stranded income tax effects in accumulated other comprehensive income resulting from the Tax Cuts and Jobs Act of 2017. Stakeholders were encouraged to review and provide comments on the proposed improvements by February 2, 2018.

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