This webcast will discuss improvements to the 2024 GAAP Financial Reporting Taxonomy (Taxonomy) for recently issued FASB Accounting Standards Updates (ASUs) and to the 2024 SEC Reporting Taxonomy (SRT) based on feedback and internal analysis collectively referred to as the “2024 Taxonomy Releases.”
A fireside chat featuring Christine Botosan, FASB Board Member, and Christine Cheng, Assistant Professor of Accounting at the Patterson School of Accountancy at the University of Mississippi. The fireside chat will be moderated by Brian Gale, Financial Economist, U.S. Securities and Exchange Commission (SEC) Office of Structured Disclosure. Christine Botosan and Christine Cheng will discuss the use of XBRL tagged financial statements in the academic community with Ms. Botosan also sharing a Board member perspective on the use of XBRL tagged data in standard setting.
Members of the SEC’s Office of Structured Disclosure team also will provide an update on the SEC taxonomies and discuss their observations on data quality.
