Proposed 2018 SEC Reporting Taxonomy
The proposed 2018 SEC Reporting Taxonomy (SRT) moves elements from the GAAP Financial Reporting Taxonomy to a new taxonomy. The SRT includes elements to meet SEC requirements for financial schedules required by the SEC, condensed consolidating financial information for guarantors, and disclosures about oil and gas producing activities. The SRT also includes dimensional elements whose underlying reference are not to US GAAP but are elements used by US GAAP filers.
Additional information on the proposed 2018 SEC Reporting Taxonomy is available on the Financial Accounting Standards Board (FASB) website at http://www.fasb.org/jsp/FASB/Page/SectionPage&cid=1176169290767.