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FAF, SEC Seek Comment On GAAP, Non-GAAP Taxonomies For XBRL

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FAF, SEC Seek Comment On Proposed 2011 GAAP, Non-GAAP XBRL Taxonomies
Sept. 2, 2010
FEI Summary

The Financial Accounting Foundation and the U.S. Securities and Exchange Commission recently announced that they are seeking public comment on proposed U.S. GAAP and Non-GAAP taxonomies, respectively, applicable to eXtensible Business Reporting Language or XBRL.

See the FAF's press release issued on Auguest 31 regarding the proposed 2011 U.S. GAAP taxonomies; the comment deadline to the FAF is October 30.

See the SEC's information posted on September 1 regarding the SEC's proposed 2011 non-U.S. GAAP taxonomies; the comment deadline to the SEC is October 31.

 

Prepared Sept. 3, 2010 by Edith Orenstein, director of Accounting Policy Analysis and Communications, Financial Executives International. This summary does not reflect FEI opinion unless specifically noted above.



 

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