2022 US GAAP Financial and SEC Reporting Taxonomies

The 2022 GAAP Financial Reporting Taxonomy (GRT) contains updates for accounting standards, Data Quality Committee Rules and other improvements since the 2021 Taxonomy as used by issuers filing with the U.S. Securities and Exchange Commission (SEC).


2021 US GAAP Financial and SEC Reporting Taxonomies

The 2021 GAAP Financial Reporting Taxonomy (GRT) contains updates for accounting standards, Data Quality Committee Rules and other improvements since the 2020 Taxonomy as used by issuers filing with the U.S. Securities and Exchange Commission (SEC).


FASB Webcast: IN FOCUS: 2022 GAAP Taxonomy Improvements & SEC Update

1PM ET Tuesday, April 5, 2022
Webinar hosted by FASB
Register to attend

The discussion will include the following: Acting Chief Accountant Paul Munter’s remarks on the OCA’s priority on high quality financial reporting for investors’ benefits, OCA staff’s use of XBRL data and the importance of tagging accuracy. An update from the SEC Office of Structured Disclosure staff on SEC taxonomies and observations on data quality. Additional […more]


FASB Taxonomy – Proposed Improvements for a Proposed ASU on Topic 326—Troubled Debt Restructuring & Vintage Disclosures

Tuesday, November 23 - Thursday, December 23, 2021
Public Review hosted by FASB
Troubled Debt Restructuring & Vintage Disclosures (Topic 326)

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 GAAP Taxonomy Improvements for a Proposed Accounting […more]


SEC Announces FASB Proposed Technical Improvements for 2022 SRT

Today the Securities and Exchange Commission (SEC) announced that the FASB has issued proposed technical and other confirming improvements for the 2022 SEC Reporting Taxonomy, along with related release notes and a proposed Technical Guide.  The FASB is requesting comments on the guide and taxonomy improvements. Comments should be submitted directly to the FASB. Download […more]


FASB Call for Comment – the 2022 SRT and Technical Guide

Wednesday, September 1, 2021 - Thursday, September 23, 2021
Proposed Taxonomy Improvements Comment Period hosted by FASB
Visit FASB's XBRL page

The Financial Accounting Standards Board (FASB) staff recently issued for comment the following: Proposed technical and other conforming improvements for the 2022 SEC Reporting Taxonomy (SRT)(File Reference No. 2022-1100) Proposed SEC Reporting Taxonomy Technical Guide (Technical Guide) (File Reference No. 2022-1150) The comment period on the proposed DQCRT and the proposed accompanying Technical Guide ends […more]


FASB Call for Comment – DQC Rules Taxonomy and Technical Guide

Monday, August 24 2021 - Thursday, September 23, 2021
Proposed Taxonomy Improvements Comment Period hosted by FASB
Proposed DQCRT Taxonomy & Technical Guide

The Financial Accounting Standards Board (FASB) staff recently issued for comment the following:

The comment period ends on September 23, 2021.


SEC Announced FASB Guide for Financing Receivable and CECL Disclosures

The Securities and Exchange Commission (SEC) announced that the Financial Accounting Standards Board (FASB) has published an implementation guide for Financing Receivable and Current Expected Credit Loss (CECL) Disclosures, and a proposed Taxonomy Implementation NOTE (TIN) Guide. The public comment period for both guides will end on July 26, 2021.  


FASB Taxonomy – Call for Comment: Derivatives and Hedging (Topic 815)

Friday, May 7 - Monday, July 5, 2021
Proposed Taxonomy Improvements for Proposed Accounting Standards Update Public Review hosted by FASB
Derivatives and Hedging (Topic 815)

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 GAAP Taxonomy Improvements for a Proposed Accounting […more]


FASB Webcast: IN FOCUS: 2021 GAAP & SEC Reporting Taxonomy Improvements & SEC Update

1PM ET Tuesday, April 6, 2021
Webinar hosted by FASB
Register to attend

Registration is open for an upcoming Financial Accounting Standards Board FASB webcast IN FOCUS: 2021 GAAP and SEC Reporting Taxonomy Improvements and SEC Update. The discussion will include the following: Discussion of XBRL data in use An update from the SEC staff Overview of the 2021 Taxonomy including discussion of: The application of the Taxonomy for […more]