FASB Staff Incorporates Proposed Taxonomy Improvements Related to Final ASU on Interim Reporting

The FASB staff has updated its Development GAAP Taxonomy for proposed taxonomy improvements related to Accounting Standards Update (ASU) No. 2025-11, Interim Reporting (Topic 270): Narrow Scope Improvements.

For details on how to provide comments on the proposed taxonomy improvements, see the GAAP Taxonomy Improvements (Pending Annual Updates) page on the FASB’s Web site.