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Items tagged with "FASB"

FASB changes direction on goodwill

The US Financial Accounting Standards Board (FASB) has unanimously agreed to scrap a four-year project revising how companies account for goodwill, dropping it from FASB’s technical agenda.

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FASB issues further draft taxonomy implementation guidance

The US Financial Accounting Standards Board (FASB) has published another in its series of Taxonomy Implementation Guides relating to the 2022 GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy (collectively the ‘GAAP Taxonomy’).

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FASB seeks LIBOR relief extension

The US Financial Accounting Standards Board (FASB) has issued a proposed accounting standards update that would extend its reference rate reform relief guidance by a further two years.

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FASB seeks feedback on taxonomy implementation guides

There is new advice for taxonomy users in the US: the Financial Accounting Standards Board (FASB) has issued three proposed Taxonomy Implementation Guides relating to its 2022 GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy (collectively the ‘GAAP Taxonomy’).

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EDGAR updated as US SEC adopts 2022 taxonomies

Spring in the Northern Hemisphere brings new life – and important annual taxonomy updates!

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An SEC view on FASB agenda consultation

The US Financial Accounting Standards Board (FASB) last year ran a consultation on its future standard-setting agenda, receiving feedback from over 500 stakeholders that it is in the process of considering.

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News Item

2022 FASB Taxonomies now available

Did you spot this important update for anyone involved in digital reporting in the US? In December, the Financial Accounting Standards Board (FASB) released the 2022 GAAP Financial Reporting Taxonomy (GRT) and the SEC Reporting Taxonomy (SRT), collectively referred to as the ‘GAAP Taxonomy.’

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Intangibles, ESG and digital assets: FASB introduces new research agenda in ongoing response to feedback

The US Financial Accounting Standards Board (FASB) recently held a first discussion on feedback to its agenda consultation, and launched new research plans.

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FASB suggests improvements to 2022 US GAAP Financial Reporting Taxonomy

The Financial Accounting Standards Board (FASB) has issued proposed technical and other conforming changes to the US GAAP Financial Reporting Taxonomy, along with accompanying release notes, for public comment.

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FASB proposes amendments to 2022 SEC Reporting Taxonomy

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.

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