FASB staff proposes taxonomy improvements related to ASUs 2018-07 and 2018-08
Jun 22, 2018
The FASB staff has 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.