FASB has issued a new set of Codification Improvements, File Reference No. 2019-800. The proposal was issued on November 26, 2019 and comments are due December 26, 2019. Codification improvements are a standard project that is always on the FASB’s agenda to fix minor issues with Codification. There are three sections in the proposal – Section A which removes references to Concepts Statements; Section B which includes all disclosure guidance in Section 50 and Section C that contains various minor edits. Most of these changes should not have a material impact on entities.