FASB Staff Issues Final GAAP Taxonomy Implementation Guides
April 11, 2023
The FASB staff has issued eight final 2023 GAAP taxonomy implementation guides:
- Accounting Changes.
- Disclosures About Offsetting Assets and Liabilities.
- Financial Instruments — Debt Securities.
- Financing Receivable and Current Expected Credit Loss Disclosures.
- Insurance: Long-Duration Contracts.
- Insurance: Reinsurance-Related Disclosures.
- Revenue From Contracts With Customers (Including Statement Presentation of Revenue and Cost of Revenue).
- Subsequent Events.
The SEC approved the guides on March 21, 2023.