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

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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.

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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.