PROPOSED 2022 Q3 SUPPLEMENTAL GAAP TAXONOMY

Featuring Improvements for Business Development Companies and Crypto-Assets

The Proposed 2022 Q3 Supplemental GAAP Taxonomy which is made up of improvements to the GAAP Financial Reporting Taxonomy and the SEC Reporting Taxonomy (collectively referred to as the “GAAP Taxonomy”) includes improvements for the U.S. Securities and Exchange Commission (SEC) Release Nos. 33–10771; 34–88606; IC–33836. Those releases require that a business development company submit financial statement information using Inline XBRL. In addition, the Proposed 2022 Q3 Supplemental GAAP Taxonomy will include improvements needed to tag disclosures required by SEC Staff Accounting Bulletin No. 121, which covers the accounting for obligations to safeguard crypto-assets an entity holds for platform users.

Filers that are not subject to either of the SEC documents noted above will not be affected by the improvements to the Proposed 2022 Q3 Supplemental GAAP Taxonomy should continue to use the 2022 GAAP Taxonomy accepted by the SEC on March 22, 2022.

AVAILABLE FOR PUBLIC REVIEW AND COMMENT


The Proposed 2022 Q3 Supplemental GAAP Taxonomy was available for comment until August 1, 2022. The comment period is now closed.
Comments are acknowledged when received but it is not possible to respond directly to individual comments. Individuals providing comments on the Proposed 2022 Q3 Supplemental GAAP 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:

TAXONOMY DOWNLOADS

  • Download Proposed 2022 Q3 Supplemental GAAP Taxonomy
    (requires XBRL enabled software to view)
  • Download Proposed 2022 Q3 Supplemental SEC Taxonomy
    (requires XBRL enabled software to view)

It is expected that the 2022 Q3 Supplemental GAAP Taxonomy will be made available for use by the SEC as an interim release before the end of the third quarter of 2022. Refer to the Office of Structured Disclosure website at https://www.sec.gov/structureddata for further details.

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 Structured 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.
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