Accounting - Entries from September 2020

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Wednesday, September 16. 2020

FASB Issues Guidance on Implementation of Extensible Enumerations 2.0

The Financial Accounting Standards Board (FASB) staff has issued guidance on how to implement Extensible Enumerations (EE) 2.0 in XBRL-formatted reporting. The implementation of EE 2.0 will begin with the 2021 US GAAP Financial Reporting and SEC Reporting (SRT) taxonomies. Continue reading "FASB Issues Guidance on Implementation of..." »

Posted by

The Novaworks Team

in FASB News, Filing Technology, US GAAP Taxonomy, XBRL at 17:05

Tuesday, September 15. 2020

FASB Holds Public Review for Tech Enhancements for the 2021 SEC Reporting Taxonomy

On September 1, 2020, the Financial Accounting Standards Board (FASB), the organization responsible for the ongoing development and maintenance of the SEC Reporting Taxonomy (SRT), announced proposed technical enhancements for the 2021 SEC Reporting Taxonomy. The planned improvements were published in a set of release notes that describe the proposed upgrades, which were designed to improve the overall functionality of the SRT. Continue reading "FASB Holds Public Review for Tech Enhancements..." »

Posted by

The Novaworks Team

in FASB News, Filing Technology, SEC, XBRL at 10:15

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