SEC accepts the 2018 U.S. GAAP Financial Reporting Taxonomy

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

Mar 19, 2018

On March 19, 2018, the Financial Accounting Standards Board (FASB) announced that the SEC has accepted the 2018 U.S. GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy.

The 2018 taxonomy reflects accounting standards issued during the past year as well as other corrections and improvements to the 2017 taxonomy.

Review the press release on the FASB’s Web site.

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