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Monday, August 20. 2018

SEC Adopts Amendments to Simplify and Update Disclosure Requirements

On August 17th, the SEC voted to approve amendments to certain disclosure requirements that have become duplicative, overlapping, or outdated. These changes were proposed in light of other disclosure requirements, modifications to US-GAAP, or developments in the information environment. The SEC is also referring to the Financial Accounting Standards Board (FASB) particular disclosure requirements that overlap with but require information incremental to GAAP. These requirements will be considered for incorporation into US GAAP.

Continue reading "SEC Adopts Amendments to Simplify and Update..." »
Posted by
The Novaworks Team
in FASB News, IFRS Taxonomy, SEC, US GAAP Taxonomy at 17:46
(Page 1 of 1, totaling 1 entries)

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