January 28, 2022
Financial Accounting Standards Board
Technical Director
File Reference No: 2021-001
401 Merritt 7
P.O. Box 5116
Norwalk, CT 06856-5116
Submitted via email to: [email protected]
Re: Interim Reporting (Topic 270)
Dear Technical Director:
The Virginia Society of CPAs’ (VSCPA) Accounting & Auditing Advisory Committee has reviewed the proposed Exposure Draft, Interim Reporting (Topic 270), issued by the Financial Accounting Standards Board (FASB). The VSCPA is a leading professional association with more than 13,000 individual members dedicated to enhancing the success of all CPAs and their profession by communicating information and vision, promoting professionalism, and advocating members’ interests. We appreciate the work the Board has undertaken on this effort, and the opportunity to respond to this Exposure Draft (ED).
The Committee supports the Board’s objectives to provide guidance that clarifies, explains, or elaborates on FASB Statements. Overall, we agree with the requirements of the ED.
Again, the Committee appreciates the opportunity to respond to this ED. Please direct any questions or concerns to VSCPA Vice President, Advocacy Emily Walker, CAE, at (804) 612-9428.
Sincerely,
Tamara Greear, CPA
Chair, VSCPA Accounting & Auditing Advisory Committee
2021-22 VSCPA Accounting & Auditing Advisory Committee
Tamara Greear, CPA — Chair
George Crowell, CPA — Vice Chair
Zach Borgerding, CPA
Scott Davis, CPA
Bo Garner, CPA
Joshua M. Keene, CPA
Nick Kinsler, CPA
Daniel Martin, CPA
Michael Phillips, CPA
Chris Smith-Christian, CPA
Charles M. Valadez, CPA
Natalya Yashina, CPA