D.1 Background
The sample disclosures in this document reflect accounting and
disclosure requirements outlined in SEC Regulation S-K, SEC Regulation S-X, and ASC
740 that are effective as of the date of this publication. SEC registrants should also
consider pronouncements that were issued or effective subsequently that may be
applicable to the financial statements, as well as other professional literature such as
AICPA audit and accounting guides.
In March 2023, the FASB issued a proposed ASU that would establish new income tax
disclosure requirements in addition to modifying or eliminating certain requirements.
Because this guidance has not been finalized, we have included in Chapter 14 and Appendix C of this Roadmap
details related to changes under the proposed ASU but have not updated the disclosure
samples below.