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Items tagged with "FASB"

GAAP taxonommy

FASB invites feedback on GAAP taxonomy updates for credit losses

The Financial Accounting Standards Board (FASB) staff has released proposed updates to the GAAP Taxonomy, aligning with amendments to Topic 326.

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FASB invites feedback on proposed 2025 GAAP taxonomy improvements

The Financial Accounting Standards Board (FASB) has released proposed updates for the 2025 GAAP Financial Reporting Taxonomy (GRT) Reference Project and the Meta Model Relationships Taxonomy, inviting public comment.

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FASB invites input on business combinations and software-related disclosures

The Financial Accounting Standards Board (FASB) is inviting stakeholders to provide feedback on proposed updates to the Generally Accepted Accounting Principles (GAAP) Taxonomy for two key areas: accounting for internal-use software and transactions involving variable interest entities (VIEs) in business combinations.

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FASB seeks public input on 2025 GAAP taxonomy revamp.

FASB seeks public input on 2025 GAAP taxonomy revamp

The Financial Accounting Standards Board (FASB) is seeking feedback on two proposed updates to its 2025 GAAP taxonomies, targeting clarity and efficiency in financial reporting. These improvements focus on the GAAP Financial Reporting Taxonomy Reference Project and the Meta Model Relationships Taxonomy, with the comment periods open until 15 and 29 November, respectively.

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FASB seeks input on new guide for Boolean, Fixed List, and Extensible Enumeration elements

The Financial Accounting Standards Board (FASB) has published a proposed Taxonomy Implementation Guide focused on Boolean, Fixed List, and Extensible Enumeration elements in the 2024 GAAP Financial Reporting Taxonomy. This new guide is designed to help clarify when and how to use these specific element types, providing clear examples and use cases for each.

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FASB invites feedback on 2025 GAAP employee benefit plan taxonomy improvements

The Financial Accounting Standards Board (FASB) has released proposed updates to the US GAAP Employee Benefit Plan (EBP) taxonomy, as part of the broader 2025 GAAP Financial Reporting Taxonomy. Issued with accompanying release notes, these updates outline technical and conforming adjustments intended to enhance the usability and accuracy of XBRL filings for employee benefit plans.

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FASB proposes 2025 taxonomy improvements

The US Financial Accounting Standards Board (FASB) has issued proposed technical improvements to the 2025 US GAAP Financial Reporting Taxonomy, inviting public feedback by 31 October 2024.

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FASB proposes taxonomy updates for hedge accounting and share-based considerations

The US Financial Accounting Standards Board (FASB) has issued proposed updates to the US GAAP Financial Reporting Taxonomy, inviting public comments on two key areas: hedge accounting improvements and clarifications to share-based consideration payable to a customer.

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FASB seeks comments on 2025 SEC reporting taxonomy improvements

The Financial Accounting Standards Board (FASB) has published proposed improvements to the 2025 SEC Reporting Taxonomy (SRT), inviting public comment. The proposed changes focus on refining and updating elements in response to evolving industry needs, particularly in the oil and gas sector.

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FASB proposes improvements for 2025 SEC reporting taxonomy

The Financial Accounting Standards Board (FASB) recently issued proposed technical and other conforming improvements for the 2025 SEC Reporting Taxonomy (SRT). This release, published for public comment, invites feedback on adjustments aimed at refining the taxonomy’s usability. The comment period closes on 5 November, offering stakeholders the chance to provide their input.

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