The Financial Accounting Standards Board (FASB) announced request for comment on:
- Proposed Improvements for the 2025 GAAP Financial Reporting Taxonomy Reference Project (Release Notes) File Reference No. 2025-2650, which address the assignment of reference roles, review of reporting requirements during the reference project and improvements made to improve the utility of the taxonomy. The comment period ends November 15, 2024.
- Proposed Improvements for the 2025 Meta Model Relationships Taxonomy (Release Notes) File Reference No. 2025-2700. Comments can be submitted through the Taxonomy Online and Comment System (TORCS) or through the email noted below. The comment period ends November 29, 2024.
Send comments to xbrled@fasb.org or written comments to “Chief of Taxonomy Development, FASB 801 Main Avenue, P.O. Box 5116, Norwalk, CT 06856-5116.” Refer to the File Reference Numbers noted above.
Read the FASB announcement:FASB Staff Issues for Comment Proposed Improvements for the 2025 GAAP Financial Reporting Taxonomy Reference Project and the Meta Model Relationships Taxonomy