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.
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 Technical and Other Conforming Improvements for the 2021 SEC Reporting Taxonomy
The Financial Accounting Standards Board (FASB) staff recently issued for comment proposed technical and other conforming improvements for the following:
- Proposed Technical and Other Conforming Improvements for the 2021 SEC Reporting Taxonomy (Release Notes)
The comment period on the proposed technical and other conforming improvements for the 2021 SEC Reporting Taxonomy ends on November 2, 2020.
Interested parties may provide comments on the proposed technical and other conforming improvements by emailing their comments to xbrl@fasb.org or by sending their comments to “Chief of Taxonomy Development, FASB 401 Merritt 7, P.O. Box 5116, Norwalk, CT 06856-5116.” Refer to the File Reference Number 2021-100 (located on the cover of the proposed release notes).
