FASB Staff Proposes Taxonomy Enhancements Related to Hedge Accounting and Share-Based Consideration Payable to a Customer
October 1, 2024
The FASB has released proposed GAAP taxonomy enhancements related to the following
recently issued proposed Accounting Standards Updates:
- Derivatives and Hedging (Topic 815): Hedge Accounting Improvements (see release notes).
- Compensation—Stock Compensation (Topic 718) and Revenue From Contracts With Customers (Topic 606): Clarifications to Share-Based Consideration Payable to a Customer (see release notes).
Comments are due by (1) November 25, 2024, for the proposed hedge accounting taxonomy
improvements and (2) November 14, 2024, for the proposed taxonomy improvements
related to share-based consideration.