FASB Updates FAQ on U.S. GAAP Financial Reporting Taxonomy and Issues Final Taxonomy Implementation Guide on Debt Securities
March 6, 2019
The FASB staff has updated its FAQ document on the U.S. GAAP Financial Reporting Taxonomy to address the deprecation of the “Report Date [Axis]” element. In addition, the staff has issued a taxonomy implementation guide, Financial Instruments — Debt Securities.
For more information, see the FAQ document and taxonomy implementation guide on the FASB’s Web site.