The Financial Accounting Standards Board (FASB) is pleased to announce an upcoming webcast that discusses the forthcoming proposed changes to the 2016 GAAP Financial Reporting Taxonomy Release highlighting changes to simplify the Taxonomy including new features: contextually sensitive implementation guidance and filer counts of elements used. There will be expanded coverage of the FASB’s growing series of Taxonomy Implementation Guides and coverage of changes to the Taxonomy for Accounting Standards Updates (ASU). In addition, U.S. Securities and Exchange Commission (SEC) staff will discuss current XBRL filing issues.
