FASB Issues Two Proposed Taxonomy Implementation Guides
February 16, 2021
The FASB staff has issued the following two proposed taxonomy implementation guides:
- Dimensional Modeling for Disclosures of Consolidated and Nonconsolidated Entities (comments due by March 3, 2021).
- Accounting Changes (comments due by March 12, 2021).
The two guides are based on the 2021 U.S. GAAP Financial Reporting Taxonomy, which
is pending approval by the SEC.