Financial Accounting Standards Board (FASB)

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


2019 US GAAP Financial and SEC Reporting Taxonomies

The 2019 GAAP Financial Reporting Taxonomy contains updates for accounting standards and other recommended improvements. The 2019 SRT contains updates for the SEC’s authoritative literature in which the underlying recognition and measurement are not specified by GAAP and dimensional elements whose underlying recognition and measurement are not specified by GAAP but that are elements used by GAAP filers.


FASB Taxonomy – Calls for Comment

Thursday, February 14, 2019 - Tuesday, April 30, 2019
Proposed Taxonomy Improvements for Proposed Accounting Standards Update Public Review hosted by FASB
Financial Instruments—Credit Losses (March 8)

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 Taxonomy Improvements for Proposed Accounting Standards Updates […more]


FASB Taxonomy – Calls for Comment

Wednesday, December 19, 2018 - Tuesday, February 19, 2019
Proposed Taxonomy Improvements for Proposed Accounting Standards Update Public Review hosted by FASB
Read the Release Notes

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 Taxonomy Improvements for Proposed Accounting Standards Updates […more]


FASB Taxonomy – Call for Comment

Monday, November 26 - Wednesday, December 26, 2018
Proposed Taxonomy Improvements for Proposed Accounting Standards Update Public Review hosted by FASB
Read the Release Notes

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 Taxonomy Improvements for Proposed Accounting Standards Update […more]


FASB Taxonomy – Call for Comment

Thursday, November 8 - Friday, December 7, 2018
Proposed Taxonomy Implementation Guide and Improvements Public Review hosted by FASB

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 Taxonomy Improvements for Proposed Accounting Standards Update […more]


FASB Taxonomy – Calls for Comment

Friday, October 12 - Monday, November 12, 2018
Proposed Taxonomy Implementation Guide and Improvements Public Review hosted by FASB

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. Proposed Taxonomy Implementation Guide, Financing Receivable and Current Expected Credit Loss […more]


FASB Taxonomy – Call for Comment

Monday, September 24 - Friday, November 2, 2018
ASU Taxonomy Public Review hosted by FASB

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. Proposed Taxonomy Improvements for Accounting Standards Update No. 2016-13, Financial Instruments—Credit […more]


In Focus: 2018 GAAP and SEC Taxonomies Improvements, Including New Revenue Modeling, and SEC Update

1 PM EST Tuesday, April 3, 2018
Webinar hosted by FASB
Register for this free event

During this webinar, the FASB staff will demonstrate how to apply the new modeling using example disclosures. In addition, the SEC staff will provide an update. Participants in the live broadcast will be eligible for 1.8 hours (Specialized Knowledge and Applications) of Continuing Professional Education (CPE) credit.


2018 GAAP Financial Reporting Taxonomy/Shared Reporting Taxonomy Proposed Improvements and SEC Update

1:00 PM ET Tuesday, October 3, 2017
Webinar hosted by FASB
Watch / listen to replay

The Financial Accounting Standards Board (FASB) is holding a webcast to discuss proposed improvements to the 2018 GAAP Financial Reporting Taxonomy Release (2018 Taxonomy Release) for recently issued FASB Accounting Standards Updates and other projects; as well as the new for 2018 Shared Reporting Taxonomy. In addition, the U.S. Securities and Exchange Commission staff will […more]