ASU 2018-09 — Codification Improvements

The amendments in this Update represent changes to clarify the Codification, correct unintended application of guidance, or make minor improvements to the Codification that are not expected to have a significant effect on current accounting practice or create a significant administrative cost to most entities. Some of the amendments make the Codification easier to understand and easier to apply by eliminating inconsistencies, providing needed clarifications, and improving the presentation of guidance in the Codification.

This Accounting Standards Update is the final version of Proposed Accounting Standards Update 2017-320—Codification Improvements, which has been deleted.

Issued: July 16, 2018