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ARTICLE · 29 APRIL 2025

Comment Letter On The Proposed Accounting Standards Update For Environmental Credit Programs

Making recommendations on behalf of the office of the CFO, Riveron's technical accounting advisors comment on an accounting standards update (ASU Topic 818) proposed by the FASB.

United StatesAccounting and Audit

Making recommendations on behalf of the office of the CFO, Riveron's technical accounting advisors comment on an accounting standards update (ASU Topic 818) proposed by the FASB.

Riveron Comments on Proposed ASU – Environmental Credits and Environmental Credit Obligations (Topic 818)

In April 2025, Riveron submitted comments to the Financial Accounting Standards Board (FASB) on its Exposure Draft for Topic 818.

While supportive of the Board's objective to develop a comprehensive framework related to accounting for environmental credits and related obligations, our team provided targeted feedback highlighting areas for potential improvement and clarification.

For further perspective on this proposed accounting standard update and what it could mean for your organization, please contact our technical accounting experts Brian Allen, Patrick Garrett, or Lara Long.

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