DEVELOPMENT US GAAP Financial Reporting
Taxonomy

Public Review and Comment

We encourage all interested parties to review and comment on the ‘Development Taxonomy’. To encourage feedback, the FASB Online Review and Comment System (TORCS) is operational throughout the year. All comments are tracked and reviewed for potential inclusion in a subsequent taxonomy release. All comments are acknowledged when received but it is not possible to respond directly to individual comments. We have included guidance for using the taxonomy viewer/commenting tool.

Individuals providing comments on the taxonomies are required to register with a “user name” and email address. Please note that all comments will be visible to other registered users.

Changes in the Development Taxonomy are identified with the label “Change Label 201X” (for example Change Label 2013). The “Change Label” identifies the year-month of the change. “[2012-05]” for example, refers to a change made in May 2012 and identifies the nature of the change with the following:
  • New Element
  • Modified Documentation Label
    (which includes the original text for review purposes)
  • Modified Standard, Period Start, Period End, or Total Labels
  • Modified References
  • Modified Data Type
  • Modified Period Type
  • Modified Balance Attribute
  • Modified Deprecated Label
  • Element Deprecated
  • Element Undeprecated
”Shared Searches” are included to facilitate discovery of the changes. After applying the “Shared Search” and selecting “Highlight Matches” from the status bar at the bottom of the screen, the filter highlights the networks containing changes with pale yellow. Each element that has been modified or added will be highlighted with bright yellow. All items meeting the filter criteria will be listed in the search pane.

The Development Taxonomy includes all proposed changes since the last annual release except for certain proposed ASU changes, which are managed separately as ASU Taxonomy Changes. ASU Taxonomy Changes are merged into the Development Taxonomy at the later of a completed public review period or the anticipated annual taxonomy release that covers the ASU effective date. Periodic release notes will be provided for the Development Taxonomy as a “snapshot” of changes since the last periodic release notes.


THE TAXONOMIES AND SUPPORTING MATERIALS PROVIDED THROUGH THESE LINKS ARE FOR REVIEW PURPOSES ONLY AND ARE NOT TO BE USED OR RELIED UPON FOR ANY PURPOSES OTHER THAN FOR THIS REVIEW AND COMMENT. YOUR USE OF THE TAXONOMIES FOR THESE PURPOSES SHALL BE SUBJECT TO THE TERMS AND CONDITIONS LOCATED AT THE INITIAL LINK TO THE TAXONOMIES.


Taxonomy (XBRL)

What's New—XBRL

May 20, 2013 SEC Adopts 2013 US GAAP Financial Reporting Taxonomy
May 15, 2013 FASB Issues Revised Calculation Hierarchy for Comment
April 2 Webcast, IN FOCUS: 2013 US GAAP Taxonomy Overview with Expanded Coverage of FASB XBRL Implementation Guides and SEC Update
March 28, 2013 FASB Issues XBRL Implementation Guide on Other Comprehensive Income
FASB XBRL Extension Taxonomy Change Application (TC App)