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Version 6 - November 2024 (CUD release)

Content update

This release focuses on the major legislative content changes. It's available on platform 6.28.9259.

Legislative updates

  • ASU 2019-12 — Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes
  • ASU 2020-01: Investments — Equity Securities (Topic 321)
  • Investments — Equity Method and Joint Ventures (Topic 323)
  • Derivatives and Hedging (Topic 815) — Clarifying the Interactions between Topic 321, Topic 323, and Topic 815
  • ASU 2020-08: Codification Improvements to Subtopic 310-20
  • Receivables — Nonrefundable Fees and Other Costs
  • ASU 2020-10: Codification Improvements
  • ASU 2021-07: Compensation — Stock Compensation (Topic 718): Determining the Current Price of an Underlying Share for Equity-Classified Share-Based Awards (a consensus of the Private Company Council)
You can find a detailed demonstration of these updates in the US.CTY Content Update Document.

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