SEC: Aopts 2312 U.S. GAAP Financial Reporting Taxonomy.
FASB announced that the SEC has adopted the 2012 non-governmental U.S.s GAAP financial Reporting Taxonomy. The taxonomy is a list of computer-readable tags in XBRL that allows companies to precisely tag the thousands of pieces of financial data that are included in typical long-form financial statements and related footnote disclosures. The Financial Accounting Foundation and FASB are responsible for the ongoing maintenance of the...
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