This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

FASB staff proposes taxonomy improvements related to ASUs 2018-07 and 2018-08

  • FASB (US Financial Accounting Standards Board) (lt blue) Image

Jun 20, 2018

On June 20, 2018, the Financial Accounting Standards Board (FASB) staff issued proposed taxonomy improvements related to Accounting Standards Update (ASU) Nos. 2018-07, “Improvements to Nonemployee Share-Based Accounting,” and 2018-08, “Clarifying the Scope and Accounting Guidance for Contributions Received and Contributions Made.”

Comments on the proposed taxonomy improvements related to nonemployee share-based accounting are due by July 20, 2018.

Comments on the proposed taxonomy improvements related to contributions received and contributions made are due by July 21, 2018.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.