FASB Taxonomy - Call for Comment

Thursday, November 8 - Friday, December 7, 2018 (30 days)
Proposed Taxonomy Implementation Guide and Improvements Public Review hosted by FASB

Process Improvement
Effective January 1, 2018, proposed Taxonomy Improvements to this Accounting Standards Update will have a formal comment period concurrent with the issuance of the Accounting Standards Update. This replaces the past practice of an annual 60-day comment period on the entire Taxonomy.

FASB Staff Issues Proposed Taxonomy Improvements for Proposed Accounting Standards Update - Entertainment—Films—Other Assets—Film Costs (Subtopic 926-20) and Entertainment—Broadcasters— Intangibles—Goodwill and Other (Subtopic 920-350): Improvements to Accounting for Costs of Films and License Agreements for Program Materials (a consensus of the FASB Emerging Issues Task Force)

The Financial Accounting Standards Board (FASB) staff recently issued for comment, proposed Taxonomy improvements for the following proposed Accounting Standards Update:

Entertainment—Films—Other Assets—Film Costs (Subtopic 926-20) and Entertainment—Broadcasters—Intangibles—Goodwill and Other (Subtopic 920-350): Improvements to Accounting for Costs of Films and License Agreements for Program Materials (a consensus of the FASB Emerging Issues Task Force) (Release Notes)

The comment period on the proposed Taxonomy Improvements related to the proposed Accounting Standards Update on accounting for costs of films and license agreements ends on December 7, 2018.

Interested parties may provide comments on the proposed Taxonomy Improvements by sending their comments to xbrled@fasb.org.