FASB opens comment on 2027 taxonomy updates
The Financial Accounting Standards Board (FASB) has issued for comment proposed technical and other conforming improvements to the 2027 SEC Reporting Taxonomy (SRT), under File Reference No. 2027-1000. The comment period closes on 30 October 2026.
Separately, the FASB has also issued proposed GAAP Taxonomy Improvements accompanying the proposed Accounting Standards Update on Codification Improvements (File Reference No. 2026-ED500). That proposed Update would revise the Codification across a broad range of Topics, covering technical corrections, unintended application of the Codification, clarifications and other minor improvements. Comments close on 19 November 2026.
Comments on both can be sent to xbrled@fasb.org, quoting the relevant File Reference Number.
Read the SRT release notes here and the GAAP Taxonomy release notes here.
