FASB Issues Proposed Changes and Technical Guide for 2023 SEC Reporting Taxonomy
Sept. 8, 2022
The Financial Accounting Standards Board (FASB) staff has issued proposed technical and other conforming improvements for the 2023 SEC Reporting Taxonomy (SRT) and the related release notes for public comment. These proposed taxonomy improvements include a new element and modified documentation labels. The comment period for the proposed taxonomy improvements for the 2023 SRT ends on November 1, 2022.
Comments should be submitted directly to the FASB. The SEC staff encourages filers, investors, analysts, software service providers, and other interested parties to participate in this public review to continue to improve the process for creating and using XBRL-structured financial statements.