The Financial Accounting Standards Board (FASB) published a request for comment on proposed GAAP Taxonomy Improvements related to accounting changes and segment reporting after adoption of Accounting Standards Update 2023-07. The comment period for the proposed Guide on accounting changes ends on February 21, 2025. The comment period for the proposed Guide on segments ends on March 25, 2025.
Read the announcement for more information on the proposed changes and on how to comment: FASB Staff Issues for Comment Proposed Taxonomy Implementation Guides on Accounting Changes and Segments (January 27 2025)
