US GAAP

News Item

FASBSECUS GAAP

FASB seeks input on new guide for Boolean, Fixed List, and Extensible Enumeration elements

The Financial Accounting Standards Board (FASB) has published a proposed Taxonomy Implementation Guide focused on Boolean, Fixed List, and Extensible Enumeration elements in the 2024 GAAP Financial Reporting Taxonomy. This new guide is designed to help clarify when and how to use these specific element types, providing clear examples and use cases for each.

News Item

EBPFASBUS GAAP

FASB invites feedback on 2025 GAAP employee benefit plan taxonomy improvements

By Editor

The Financial Accounting Standards Board (FASB) has released proposed updates to the US GAAP Employee Benefit Plan (EBP) taxonomy, as part of the broader 2025 GAAP Financial Reporting Taxonomy. Issued with accompanying release notes, these updates outline technical and conforming adjustments intended to enhance the usability and accuracy of XBRL filings for employee benefit plans.

News Item

FASBTaxonomyUSUS GAAP

FASB proposes 2025 taxonomy improvements

By Editor

The US Financial Accounting Standards Board (FASB) has issued proposed technical improvements to the 2025 US GAAP Financial Reporting Taxonomy, inviting public feedback by 31 October 2024.

News Item

FASBTaxonomyUSUS GAAP

FASB proposes taxonomy updates for hedge accounting and share-based considerations

By Editor

The US Financial Accounting Standards Board (FASB) has issued proposed updates to the US GAAP Financial Reporting Taxonomy, inviting public comments on two key areas: hedge accounting improvements and clarifications to share-based consideration payable to a customer.

News Item

ASUFASBUS GAAP

FASB to host public roundtable on income statement expense disclosures

By Editor

The Financial Accounting Standards Board (FASB) is organising a public roundtable for 13 December to discuss the proposed Accounting Standards Update (ASU) related to the Income Statement under US GAAP.

News Item

FASBMeta modelUS GAAP

Becoming Meta

By Editor

The FASB has released for comment a note on its latest plans to utilise a “meta model”, a mechanism to add a range of metadata to the US GAAP taxonomy.

News Item

FASBTaxonomyUS GAAP

FASB proposes updates to GAAP taxonomy

By Editor

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.

News Item

DQCrulesetUS GAAPValidation

XBRL US Data Quality Committee publishes 20th Rule Set

By Editor

The XBRL US Data Quality Committee (DQC) has published its 20th Rule Set, including five proposed rules for corporate issuers, and two proposed rules that are specific to business development companies (BDC).

News Item

FASBSECTaxonomyUSUS GAAP

FASB suggests improvements to 2022 US GAAP Financial Reporting Taxonomy

By Editor

The Financial Accounting Standards Board (FASB) has issued proposed technical and other conforming changes to the US GAAP Financial Reporting Taxonomy, along with accompanying release notes, for public comment.

News Item

FASBTaxonomyUSUS GAAPXBRL

FASB fact sheet brings XBRL into focus

By Editor

The US Financial Accounting Standards Board (FASB) has produced a new fact sheet in its ‘FASB in Focus’ series, titled ‘XBRL: What is it? Why the FASB? Who uses it?.’ It’s a great introduction to XBRL and digital reporting, particularly from the US perspective.

Items tagged with "US GAAP"

FASB seeks input on new guide for Boolean, Fixed List, and Extensible Enumeration elements

FASB invites feedback on 2025 GAAP employee benefit plan taxonomy improvements

FASB proposes 2025 taxonomy improvements

FASB proposes taxonomy updates for hedge accounting and share-based considerations

FASB to host public roundtable on income statement expense disclosures

Becoming Meta

FASB proposes updates to GAAP taxonomy

XBRL US Data Quality Committee publishes 20th Rule Set

FASB suggests improvements to 2022 US GAAP Financial Reporting Taxonomy

FASB fact sheet brings XBRL into focus

Tags

US GAAP

Items tagged with "US GAAP"

Tags

Would you liketo learn more?

Would you like
to learn more?