Novaworks Weblog - FASB News

XBRL US to Host Webinar on Data Quality Rules in US GAAP Taxonomy 2026

nospam@example.com (LeAnn Dey) — Wed, 12 Nov 2025 10:30:00 -0500

XBRL US will hold a webinar that will focus on data quality rules related to US GAAP Taxonomy 2026. The webinar will take place on Wednesday, November 19, 2025, beginning at 3:00 p.m. Eastern. The event is free and open to the public, though registration is required. Continue reading "XBRL US to Host Webinar on Data Quality Rules in US GAAP Taxonomy 2026"

FASB Issues Proposed GAAP Taxonomy Improvements for Proposed ASU on Paid-in-Kind Dividends on Equity-Classified Preferred Stock, Solicits Feedback

nospam@example.com (LeAnn Dey) — Wed, 08 Oct 2025 15:30:00 -0400

On September 30th, the Financial Accounting Standards Board (FASB) published proposed GAAP Taxonomy Improvements for the proposed Accounting Standards Update (ASU), Equity (Topic 505): Initial Measurement of Paid-in-Kind Dividends on Equity-Classified Preferred Stock. The proposed update was released both to provide authoritative guidance on how issuers should initially measure all aspects of the ASU and to allow for public review and comment. Continue reading "FASB Issues Proposed GAAP Taxonomy Improvements for Proposed ASU on Paid-in-Kind Dividends on Equity-Classified Preferred Stock, Solicits Feedback"

FASB Releases Proposed Improvements for 2026 US GAAP Taxonomy

nospam@example.com (LeAnn Dey) — Tue, 07 Oct 2025 09:30:00 -0400

On September 30th, the Financial Accounting Standards Board (FASB) staff issued proposed technical and other conforming improvements for the 2026 GAAP Financial Reporting Taxonomy and the related release notes for public review and comment. Continue reading "FASB Releases Proposed Improvements for 2026 US GAAP Taxonomy"

FASB Publishes Technical and Other Conforming Improvements for 2026 SEC Reporting Taxonomy

nospam@example.com (LeAnn Dey) — Tue, 23 Sep 2025 11:00:00 -0400

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 The proposed taxonomy improvements mainly include deprecations of elements because of infrequent use in practice or superseded guidance. Continue reading "FASB Publishes Technical and Other Conforming Improvements for 2026 SEC Reporting Taxonomy"

FASB Publishes Proposed Taxonomy Implementation Guide for Disaggregation of Income Statement Expenses

nospam@example.com (LeAnn Dey) — Thu, 07 Aug 2025 14:25:00 -0400

On July 28th, the Financial Accounting Standards Board (FASB) issued the proposed Taxonomy Implementation Guide, Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses, which is based on the 2025 GAAP Financial Reporting Taxonomy. The proposed guide demonstrates the framework for the reporting of the disaggregation of income statement expenses in accordance with the FASB Accounting Standards Codification Subtopic 220-40. The guide is comprised of examples and solely focuses on detail tagging (Level 4). Continue reading "FASB Publishes Proposed Taxonomy Implementation Guide for Disaggregation of Income Statement Expenses"