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FASB seeks comment on proposed improvements to GAAP taxonomy

By Kevin Brewer

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FASB is seeking comments on proposed improvements to the GAAP Financial Reporting Taxonomy.

The comment period for Proposed Improvements for the 2023 GAAP Financial Reporting Taxonomy Reference Project ends Nov. 17. The proposed changes focus on an ongoing effort to improve references in the taxonomy.

FASB will make all comments publicly available by posting them to the GAAP Taxonomy Comment Letters page.

— To comment on this article or to suggest an idea for another article, contact Kevin Brewer at Kevin.Brewer@aicpa-cima.com.

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