FASB Staff Proposes Taxonomy Enhancements Related to Interim Reporting and Government Grants
November 21, 2024
The FASB has released proposed GAAP taxonomy enhancements related to the following
recently issued proposed Accounting Standards Updates:
- Interim Reporting (Topic 270): Narrow-Scope Enhancements (see release notes).
- Government Grants (Topic 832): Accounting for Government Grants by Business Entities (see release notes).
Comments on both sets of taxonomy improvements are due by March 31, 2025.