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FASB staff proposes taxonomy improvements

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

Jul 16, 2018

On July 16, 2018, the staff of the Financial Accounting Standards Board (FASB) has issued pro­posed tax­on­omy im­prove­ments related to (1) Ac­count­ing Stan­dards Update (ASU) Nos. 2018-09, “Cod­i­fi­ca­tion Im­prove­ments,” and 2018-10, “Cod­i­fi­ca­tion Im­prove­ments to Topic 842, Leases,” and (2) the pro­posed ASU, “Up­dat­ing the De­f­i­n­i­tion of Col­lec­tions.”

Com­ments on the pro­posed tax­on­omy im­prove­ments related to Cod­i­fi­ca­tion im­prove­ments are due by August 14, 2018. Com­ments on the pro­posed tax­on­omy im­prove­ments related to Cod­i­fi­ca­tion im­prove­ments to ASC 842 are due by August 17, 2018. Com­ments on the pro­posed tax­on­omy im­prove­ments related to the de­f­i­n­i­tion of col­lec­tions are due by August 10, 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.