The Financial Accounting Standards Board has posted the
The FASB also announced earlier this month the availability of the
The 2025 GRT provides updates for accounting standards, including disaggregation of income statement expenses, profits interest and similar awards, and induced conversions of convertible debt instruments, and other recommended improvements.
The 2025 EBPT includes updates from the 2024 EBPT for elements specifically created for SEC Release Nos. 33–11070; 34–95025 which includes requirements for XBRL tagging of annual reports for employee stock purchase, savings and similar plans filing SEC Form 11-K.
The 2025 SRT offers improvements for elements whose underlying recognition and measurement are not specified by GAAP but are commonly used by GAAP filers and for SEC schedules related to supplemental information provided by insurance underwriters.
The DQCRT is structured from the typical design of XBRL taxonomies because it is narrowly focused on conveying the XBRL US Data Quality Committee’s validation rules, predominantly for regulator use. It isn’t intended to be used in SEC filers’ extension taxonomies. The DQCRT contains a subset of the DQC rules. The FASB Taxonomy staff evaluates the validation rules for inclusion in the DQCRT that have been available for use for more than a year, with consideration for how the DQC addressed any feedback received on a validation rule.
The 2025 MMT includes relationships focusing on accounting model information, which are viewed as helpful information for constituents. The objectives of the relationships in the MMT are to help preparers identify the proper elements for tagging their filings, assist data users in the consumption of data with additional relationship information, and assist in writing business rules that leverage the extra relationship information to help with the proper element selection and identification.
The
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