Posted on Friday, December 6, 2024

The Financial Accounting Standards Board (FASB) published a request for comment on proposed GAAP Taxonomy Improvements for the following proposed Accounting Standards Update on Topic 326: Measurement of Credit Losses for Accounts Receivable and Contract Assets for Private Companies and Certain Not-for-Profit Entities (Release Notes).

Comments will be accepted until January 17, 2025 by emailing xbrled@fasb.org. Be sure to include the File Reference Number which can be found on the Release Notes.

Read the announcement: FASB Staff Issues Proposed GAAP Taxonomy Improvements for Proposed Update on Measuring Credit Losses for Accounts Receivable and Contract Assets for Private Cos and NFP



Upcoming XBRL US Events

Center for Data Quality Committee Meeting
Wednesday, October 15, 2025

Domain Steering Committee Meeting
Tuesday, October 21, 2025

Communications & Services Steering Committee Meeting
Tuesday, October 21, 2025