Friday, October 30. 2026

FASB GAAP Taxonomy Improvements for Revenue from Contracts and Investments-Equity Method

On October 28, the Financial Accounting Standards Board (FASB) staff released for public review and comment proposed GAAP Taxonomy improvements and related release notes to reflect proposed Accounting Standard Updates (ASUs). Continue reading "FASB GAAP Taxonomy Improvements for Revenue..." »
Posted by
LeAnn Dey
in Accounting, FASB News, SEC, US GAAP Taxonomy, XBRL at 16:00

Thursday, October 29. 2026

XBRL Staff Issues Proposed 2027 DQC Rules Taxonomy, Solicits Comment

The XBRL staff of the Financial Accounting Standards Board (FASB) has issued proposed additions to the 2027 Data Quality Committee Rules Taxonomy (DQCRT). The taxonomy communicates XBRL US Data Quality Committee (DQC) validation rules primarily for regulatory use, while allowing regulators discretion in deciding which rules to adopt for validation. Continue reading "XBRL Staff Issues Proposed 2027 DQC Rules..." »
Posted by
LeAnn Dey
in Accounting, Data Quality Committee, FASB News, SEC, XBRL at 14:00

Wednesday, October 28. 2026

FASB Proposes Enhancements to the 2027 GAAP Financial Reporting Taxonomy Reference Project

On October 22, the staff of the Financial Accounting Standards Board (FASB) issued for public review and comment proposed improvements to the 2027 GAAP Financial Reporting Taxonomy (GRT) Reference Project and the related release notes. The release notes describe the assignment of reference roles, the review of reporting requirements conducted during the reference project, and the enhancements made to improve the usefulness of the GRT. Continue reading "FASB Proposes Enhancements to the 2027 GAAP..." »
Posted by
LeAnn Dey
in Accounting, FASB News, US GAAP Taxonomy, XBRL at 10:30

Wednesday, October 14. 2026

FASB Proposes Technical and Conforming Changes to the 2027 GAAP Taxonomy

On October 9, the Financial Accounting Standards Board (FASB) staff released proposed technical and other conforming enhancements for the 2027 GAAP Financial Reporting Taxonomy, along with related release notes for public review and comment. Continue reading "FASB Proposes Technical and Conforming Changes..." »
Posted by
LeAnn Dey
in Accounting, FASB News, SEC, US GAAP Taxonomy, XBRL at 17:00
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