Inventory (Topic 330) - FASB

Inventory (Topic 330) Disclosure framework Changes to the Disclosure Requirements for Inventory The Board issued this Exposure Draft to solicit public comment on proposed changes to Topic 330 of the FASB Accounting Standards Codification . Individuals can submit comments in one of three ways: using the electronic feedback form on the FASB website, emailing comments to or sending a letter to Technical Director, File Reference No. 2017-210, FASB, 401 Merritt 7, PO Box 5116, Norwalk, CT 06856-5116. Proposed Accounting Standards Update Issued: January 10, 2017 Comments Due: March 13, 2017 Notice to Recipients of This Exposure Draft of a Proposed Accounting Standards Update The Board invites comments on all matters in this Exposure Draft until March 13, 2017.

1. The development of a framework that promotes consistent decisions by the Board about disclosure requirements 2. The appropriate exercise of discretion by reporting entities. In March 2014, the Board issued a proposed FASB Concepts Statement, Conceptual Framework for Financial Reporting—Chapter 8: Notes to Financial Statements.

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  Framework, Conceptual, Conceptual framework, Basf

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