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Items tagged with "Taxonomy"

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FASB staff proposes 2024 GAAP Taxonomy Reference Project enhancements

The US Financial Accounting Standards Board (FASB) has released proposed enhancements for the 2024 GAAP Taxonomy Reference Project. These improvements are open for public comment under File Reference No. 2024-3000 until 16 November 2023.

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Empowering digital clarity: ITCG

A refreshed and reconstituted IFRS Taxonomy Consultative Group (ITCG) met yesterday and will continue to deliberate tomorrow at the IFRS offices in London.

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Proposed improvements to 2024 GAAP taxonomy: comments open

The Financial Accounting Standards Board (FASB) has released proposed technical and conforming improvements for the 2024 GAAP Taxonomy.

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FASB invites comment on updated taxonomies

The US Financial Accounting Standards Board (FASB) has published its proposed 2024 DQC Rules Taxonomy (DQCRT), with accompanying release notes.

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XBRL US comments on SEC taxonomy development – and a range of proposals

The XBRL US Regulatory Modernization Working Group (RMWG) has submitted a letter to the Securities and Exchange Commission (SEC) with observations and recommendations on the Commission’s taxonomy development process.

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Country and currency taxonomies progress to Candidate Recommendation status with improved structure

The new taxonomies, now promoted to Candidate Recommendation status, will free regulators from manually defining and maintaining their own lists, and improve the consistency and comparability of XBRL reports.

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Updated UK taxonomies from FRC and BoE

August saw the UK’s Financial Reporting Council (FRC) publish a draft version of its 2024 Taxonomy Suite, incorporating a number of updates.

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ISSB publishes proposed IFRS Sustainability Disclosure Taxonomy

This week, the International Sustainability Standards Board (ISSB) marked a significant milestone in advancing sustainability reporting by publishing the Proposed IFRS Sustainability Disclosure Taxonomy.

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Global Country, Currency Taxonomies for Comment

The XBRL International Standards Board (XSB) has approved for release as a public working draft, a working group note of the proposed architecture and workflow arrangements for the release of global XBRL taxonomies for ISO country and currency code lists as well as draft taxonomies for inspection, testing and comment.

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FASB proposes updates to GAAP taxonomy

The Financial Accounting Standards Board (FASB) has laid out a set of proposed improvements to the US GAAP Taxonomy to take account of changes arising from amendments to the accounting treatment for purchased financial assets exhibiting credit losses.

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