On September 16th, the Financial Accounting Standards Board (FASB) staff released proposed technical and other conforming enhancements for the 2026 SEC Reporting Taxonomy and the related release notes for review and comment. The proposed taxonomy improvements mainly include deprecations of elements because of infrequent use in practice or superseded guidance.
Interested parties may submit email comments related to the 2026 SEC Reporting Taxonomy directly to the FASB through November 4, 2026. To ensure the process for creating and using XBRL-structured financial statements continues to improve, the SEC staff encourages filers, investors, analysts, software service providers, and others to participate in this public review.
Source:
FASB Technical and Other Conforming Improvements for 2026 SEC Reporting Taxonomy (sec.gov)
FASB Staff Issues Proposed Technical and Other Conforming Improvements for the 2026 SEC Reporting Taxonomy (fasb.org)
Release Notes (fasb.org)
