Tuesday, August 06. 2024

FASB Publishes Proposed Taxonomy Implementation Guide for Income Taxes

On August 2nd, the Financial Accounting Standards Board (FASB) released a proposed Taxonomy Implementation Guide, Income Taxes (Topic 740), which is based on the 2024 GAAP Financial Reporting Taxonomy (GRT). The proposed guide is designed to illustrate how income taxes are reported under FASB Accounting Standards Codification Topic 740. Note that it focuses only on detail tagging (Level 4). Continue reading "FASB Publishes Proposed Taxonomy Implementation..." »
Posted by
LeAnn Dey
in Accounting, FASB News, US GAAP Taxonomy at 09:52
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