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 – Codification Improvements—Financial Instruments
The Financial Accounting Standards Board (FASB) staff recently issued for comment, proposed Taxonomy improvements for the following proposed Accounting Standards Update:
- Codification Improvements—Financial Instruments (Release Notes)
The comment period on the proposed Taxonomy Improvements related to this proposed Accounting Standards Update ends on December 26, 2018.
Interested parties may provide comments on the proposed Taxonomy Improvements by sending their comments to firstname.lastname@example.org.