2020 US GAAP Financial Reporting Taxonomy
(Pending SEC Acceptance)

The 2020 US GAAP Financial Reporting Taxonomy Including Taxonomy Disclosure Templates can be accessed through the entry point provided below. To view the Taxonomy without the Taxonomy Disclosure Templates or the Taxonomy Disclosure Templates only, select the appropriate link below. The 2020 U.S. Financial Reporting Taxonomy (Taxonomy) contains updates for accounting standards and other improvements since the 2019 Taxonomy as used by issuers filing with the U.S. Securities and Exchange Commission (SEC). We encourage all interested parties to review and provide feedback though the FASB Online Review and Comment System.

Comments are acknowledged when received but it is not possible to respond directly to individual comments. Individuals providing comments on the Taxonomy are required to register with a “user name” and email address. Please note that all comments will be visible to other registered users. Guidance for using the Taxonomy viewer/commenting tool is provided here.

Guidance and Supporting Documents include: A view of the 2019 SEC Document and Entity Information (DEI) Taxonomy is provided for user convenience.

Taxonomy Downloads

  • Download 2020 US GAAP Financial Reporting Taxonomy
    (requires XBRL enabled software to view)

Questions about using this taxonomy for creating and submitting eXtensible Business Reporting Language (XBRL) tagged interactive data files in compliance with SEC rules should be directed to the SEC Office of Interactive Disclosure. SEC contact details and guidance are available at the SEC’s portal on XBRL. The SEC currently supported taxonomies are listed on the "Standard Taxonomies" page.

 

Taxonomy (XBRL)

What's New—XBRL

Registration Opens for April 2, 2020 FASB Webcast: In FOCUS:2020 GAAP and SEC Reporting Taxonomy Improvements and SEC Update February 19, 2020)
FASB Staff Issues a Proposed Taxonomy Implementation Guide on Leases under Topic 842 and a Proposed Taxonomy Implementation Guide on Revenue from Contracts with Customers under Topic 606 for Comment (January 28, 2020)
2020 GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy Now Available (December 20, 2019)
FASB Staff Issues Proposed Taxonomy Improvements for a Proposed Accounting Standards Update, Codification Improvements (December 4, 2019)
FASB Staff Issues Proposed Taxonomy Improvements for a Proposed Accounting Standards Update, Derivatives and Hedging (Topic 815): Codification Improvements to Hedge Accounting (November 13, 2019)
FASB Staff Issues Proposed XBRL US DQC Rules Taxonomy and Accompanying Technical Guide (October 17, 2019)
FASB Staff Issues Technical and Other Conforming Improvements, Proposed Taxonomy Improvements—Reference Project, Proposed Taxonomy Improvements—Variable Interest Entities Modeling, Proposed Taxonomy Improvements—Accounting Standards Update Transition Methods, and Proposed Taxonomy Improvements—Retirement Benefits Topical Focus Project—Phase 3, for the 2020 US GAAP Financial Reporting Taxonomy (October 4, 2019)
FASB Staff Issues Proposed Taxonomy Improvements for a Proposed Accounting Standards Update, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, and a Proposed Accounting Standards Update (Revised), Debt (Topic 470): Simplifying the Classification of Debt in a Classified Balance Sheet (Current versus Noncurrent) (September 16, 2019)
FASB Staff Issues Proposed Technical and Other Conforming Improvements to the 2020 SEC Reporting Taxonomy (September 9, 2019)
FASB Staff Issues Proposed Taxonomy Improvements for a Proposed Accounting Standards Update, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Equity's Own Equity (Subtopic 815-40) and a Proposed Accounting Standards Update, Financial Services—Insurance (Topic 944): Effective Date (August 22, 2019)
SEC Announces EDGAR System Upgrade: 2017 GAAP Taxonomy No Longer Supported (June 12, 2019)
FASB Adds Taxonomy Entry Points to Address FAST Act Updates in the 2019 DEI Taxonomy (June 11, 2019)
SEC Accepts 2019 GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy (March 12, 2019)
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Video: The GAAP Taxonomy: Why It’s Important