Financial Accounting Standards Board (FASB)

A member of our Non-profit Stakeholder community since October, 2007.


2017 US GAAP Financial Reporting Taxonomy

Pending SEC acceptance The 2017 U.S. Financial Reporting Taxonomy (Taxonomy) contains updates for accounting standards and other improvements since the 2016 Taxonomy as used by issuers filing with the U.S. Securities and Exchange Commission (SEC). Release details Namespace (all elements): http://xbrl.fasb.org/us-gaap/2017 Recommended Namespace Prefix: us-gaap Core schema and standard labels: http://xbrl.fasb.org/us-gaap/elts/us-gaap-std-2017-01-31.xsd   Essentials All Taxonomies: […more]


2016 US GAAP Financial Reporting Taxonomy

The 2016 US GAAP Taxonomy was developed by the Financial Accounting Financial Board (FASB) and has been accepted and supported by the SEC. It can be downloaded in its entirety from the links at the bottom of this page, along with other resources for implementation and use. Release details Namespace (all elements): http://xbrl.fasb.org/us-gaap/2016 Recommended Namespace […more]


FASB Accounting Standards Codification

The FASB Accounting Standards Codification® allows users to access the authoritative content, perform research, and submit feedback. System features provide utilities to view content in many different ways such as browsing by Topic, joining related content, and searching.


FASB Announces Public Review of Proposed 2017 GAAP Financial Reporting Taxonomy

The proposed 2017 U.S. Financial Reporting Taxonomy contains updates for accounting standards and other improvements since the 2016 Taxonomy as used by issuers filing with the U.S. Securities and Exchange Commission (SEC). Interested parties are encouraged to review and provide feedback on the Proposed 2017 Taxonomy. The 60-day comment period ends October 31, 2016, and […more]


FASB Publishes Video on Importance of GAAP Taxonomy

On April 27, the FASB published a new video on the US GAAP Taxonomy: Why It’s Important. Members of the FASB XBRL Team provide context around key aspects of the GAAP Taxonomy.


FASB Announces Availability of 2016 GAAP Financial Reporting Taxonomy Pending SEC Acceptance

The Financial Accounting Standards Board (FASB) today announced the availability of the 2016 GAAP Financial Reporting Taxonomy (Taxonomy) pending final acceptance by the U.S. Securities and Exchange Commission (SEC). The FASB staff is responsible for the ongoing development and maintenance of the Taxonomy applicable to public issuers registered with the SEC. The GAAP Financial Reporting […more]


2017 GAAP Financial Reporting Taxonomy Public Review

September 1 - Monday, October 31, 2016
Public Review hosted by FASB
Get details

The proposed 2017 U.S. Financial Reporting Taxonomy contains updates for accounting standards and other improvements since the 2016 Taxonomy as used by issuers filing with the U.S. Securities and Exchange Commission. Interested parties should review and provide feedback on this Proposed 2017 Taxonomy by October 31, 2016.


2017 GAAP Financial Reporting Taxonomy Changes and SEC Update

1:00 PM ET Tuesday, October 4, 2016
Webinar hosted by FASB
Register for this free webinar

The Financial Accounting Standards Board (FASB) is holding a webcast to discuss the 2017 GAAP Financial Reporting Taxonomy Release for recently issued FASB Accounting Standards Updates and other significant changes. In addition, the webcast will include an update from the U.S. Securities and Exchange Commission staff.


Public Review – 2016 US GAAP Financial Reporting Taxonomy

Tuesday, September 1 - Saturday, October 31, 2015
Public Review hosted by FASB

The 60-day comment period is intended to allow users of the Taxonomy to provide feedback on these updates. It also is intended to afford SEC filers, service providers, software vendors, and other interested parties the opportunity to become familiar with and suggest revisions to the Taxonomy, including incorporating new elements for current filings. Details on […more]