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FASB issues ASU amending certain SEC guidance

  • FASB document Image

Mar 09, 2018

The FASB has issued Accounting Standards Update (ASU) No. 2018-04, “Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 117 and SEC Release No. 33-9273.”

The ASU adds, amends, and supersedes various paragraphs that contain SEC guidance in ASC 320, Investments — Debt Securities, and ASC 980, Regulated Operations.

For more information, see the ASU on the FASB’s Web site.

On March 20, 2018, the FASB issued GAAP Taxonomy improvements and implementation guidance related to this ASU. For more information, see the taxonomy improvements page on the FASB's Web site.

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.