SEC accepts 2019 U.S. GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy
Mar 12, 2019
On March 12, 2019, the Financial Accounting Standards Board (FASB) announced that the SEC has accepted the 2019 U.S. GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy. The 2019 taxonomies reflect accounting standards issued during the past year as well as other corrections and improvements to the 2018 taxonomies.
Review the press release on the FASB’s website.