FASB proposes amendments to 2022 SEC Reporting Taxonomy

Posted on October 1, 2021 by Editor

The Financial Accounting Standards Board (FASB) has issued draft technical and other conforming improvements to the 2022 SEC Reporting Taxonomy (SRT), used in the US for reporting to the Securities and Exchange Commission. The changes include new elements and modified references, and are accompanied by release notes.

FASB has also published a proposed Technical Guide for the 2022 SRT. It now welcomes comments on both taxonomy improvements and guide by 1 November 2021.

Read more here.

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