Friday, February 26. 2021

FASB Releases Proposed Taxonomy Implementation Guides for Public Review and Comment

On February 24, the SEC announced that the Financial Accounting Standards Board (FASB), the organization that establishes financial accounting and reporting standards for public and private companies and not-for-profit organizations that follow Generally Accepted Accounting Principles (GAAP), has published two proposed Taxonomy Implementation Guides. These guides are based on the 2021 US GAAP Financial Reporting Taxonomy, which is currently under consideration by the SEC. {expires: 2021-03-13}
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Posted by
The Novaworks Team
in FASB News, SEC, SEC Filing Help, US GAAP Taxonomy at 10:11
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