FASB is currently seeking comments on proposed improvements to the GAAP Financial Reporting Taxonomy.
On Nov. 3, FASB issued its “Proposed Improvements for the 2023 GAAP Financial Reporting Taxonomy Reference Project” to improve references in the taxonomy. The comment period for the proposal ends on Nov. 17, 2022.
FASB will make all comments publicly available on its GAAP Taxonomy webpage. Learn more.